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Barchart
Rashmi Kumari

Here's What to Expect From Genuine Parts' Next Earnings Report

GPC Genuine Parts Company

Genuine Parts Company (GPC), headquartered in Atlanta, Georgia, is a significant player in distributing automotive and industrial replacement parts. With a market cap of $19.02 billion, Genuine Parts Company serves many customers, including automotive service professionals, retailers, and industrial businesses. GPC is set to release its Q3 earnings report before the market opens on Tuesday, Oct. 22.

Ahead of the event, analysts expect GPC to report a profit of $2.45 per share, down 1.6% from $2.49 in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in three of the last four quarterly reports and missed on another occasion. 

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