Genuine Parts Co. (NYSE: GPC) stock is holding on to gains of around 1% after posting a double beat on earnings on Apr. 22. The stock climbed nearly 5% (4.7%) in pre-market trading. The company also reaffirmed its guidance for the full year. However, in doing so, it was noted that, for now, it was not factoring in any impacts from tariffs.
That echoes what investors have heard from many companies since earnings season kicked off. Due to the uncertainty, companies are either not issuing forward guidance or, like GPC, putting a big asterisk on their guidance.
