Genuine Parts reports Q2 adjusted EPS $2.10, consensus $2.06

Reports Q2 revenue $6.16B, consensus $6.1B. “Our results for the quarter were in line with our expectations and reflect the execution of our strategic initiatives and cost restructuring actions against continued challenging market conditions,” said Will Stengel, president and CEO. “As we turn to the second half of the year, we remain focused on what we can control as we proactively manage through an evolving external environment. I want to thank our teammates across the globe for their relentless dedication and commitment to serving our customers.”