Genuine Parts Aktie News

In a tight lending environment, older cars are staying on the road for longer. As a result, one way to play the auto sector is through auto parts manufacturers.

Genuine Parts' business is experiencing a small pullback but profits are better than expected. The stock's valuation was at multiyear lows.

Genuine Parts Company (NYSE:GPC ) Q1 2024 Earnings Conference Call April 18, 2024 8:30 AM ET Company Participants Tim Walsh - Senior Director, Investor Relations Paul Donahue - Chairman and Chief Executive Officer Will Stengel - President and Chief Operating Officer Bert Nappier - Executive Vice President and Chief Financial Officer Conference Call Participants Scot Ciccarelli - Truist Securiti...

Sales of $5.8 billion, Up 0.3% Diluted EPS of $1.78, Down 16.8% Adjusted Diluted EPS of $2.22, Up 3.7% Updates 2024 Outlook: Reaffirms Revenue Growth of 3% to 5%  Updates Adjusted Diluted EPS to $9.80 to $9.95 from $9.70 to $9.90 ATLANTA , April 18, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced toda...

Genuine Parts Company is a leading global distributor of automotive and industrial replacement parts with strong competitive advantages. GPC has achieved double-digit earnings growth through higher sales and margins. Despite potential risks from electric vehicle growth and inflation pressures, GPC's solid balance sheet, safe dividend payout, and attractive valuation make it a worthy long-term i...

While many retail investors continue to chase the usual suspects in the innovation space, nothing lasts forever, which brings us to dividend king stocks to buy. These are some of the most profitable enterprises, featuring consecutive payout increases for at least 50 years.

Dividends can help better align management's interests with investors'. Genuine Parts operates in a business line that can do well in tough economies.

ATLANTA, March 28, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release first quarter financial results on April 18, 2024. Following the release, management will host a conference call at 8:30 a.m.