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Barchart
Barchart
Kritika Sarmah

What to Expect From Genuine Parts’ Next Quarterly Earnings Report

Atlanta, Georgia-based Genuine Parts Company (GPC) is a global leader in automotive and industrial replacement parts, offering value-added solutions across its extensive network. With a market cap of $16.7 billion, GPC operates more than 10,700 locations across 17 countries and employs over 60,000 people worldwide. The company is set to post its fourth-quarter results on Tuesday, Apr. 22.

Ahead of the event, analysts expect GPC to report a non-GAAP profit of $1.66 per share, down 25.2% from $2.22 per share reported in the year-ago quarter. Over the past four quarters, the company has delivered mixed earnings results, beating Wall Street’s estimates twice while missing them on two occasions. 

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