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Genuine Parts Company (GPC)
NYSE:GPC
Earnings Data
Report Date
Apr 17, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.68Last Year’s EPS
2.22Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 18, 2025
|% Change Since: -2.62%
|Next Earnings Date:Apr 17, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with notable achievements in employee engagement and strategic acquisitions contributing to sales growth. However, challenges in the industrial and automotive segments, particularly in the U.S. and Europe, as well as a decline in earnings for the fourth quarter, highlighted ongoing market and cost pressures.Company Guidance
During the Genuine Parts Company's fourth quarter 2024 earnings call, management provided detailed guidance for 2025, emphasizing a cautious outlook due to ongoing weak market conditions. The company anticipates total sales growth of 2% to 4% for 2025, with comparable sales growth expected to be flat to up 2% for the automotive segment and 1% to 3% for the industrial segment. Gross margin is projected to expand by 40 to 60 basis points, while SG&A is expected to deleverage by 20 to 40 basis points. The company plans to achieve $100 million to $125 million in cost savings through expanded restructuring efforts, contributing to an overall target of $200 million in annualized cost savings by 2026. Additionally, Genuine Parts Company expects adjusted diluted earnings per share to range from $7.75 to $8.25. The guidance reflects the company's strategic investments, cost management initiatives, and expectations for gradual market improvement in the latter half of the year.Global Engagement and Workforce Development
A record 81% of teammates reported being highly engaged in the most recent Global Engagement Survey, an increase of three points from previous surveys.
Sales and Strategic Acquisitions
Total sales for 2024 were $23.5 billion, an increase of approximately $400 million or 1.7% compared to 2023, with 260 basis points from strategic acquisitions.
Dividend Increase
The Board approved a 3% increase to the dividend, marking the 69th consecutive year of dividend increases.
Asia Pacific Performance
Sales in Asia Pacific increased 6% in local currency, with comparable sales growth up approximately 4%.
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GPC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GPC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 18, 2025 | $124.90 | $121.65 | -2.60% |
| Oct 22, 2024 | $141.97 | $112.20 | -20.97% |
| Jul 23, 2024 | $136.26 | $135.12 | -0.84% |
| Apr 18, 2024 | $140.89 | $156.70 | +11.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Genuine Parts Company (GPC) report earnings?
Genuine Parts Company (GPC) is schdueled to report earning on Apr 17, 2025, TBA Not Confirmed.
What is Genuine Parts Company (GPC) earnings time?
Genuine Parts Company (GPC) earnings time is at Apr 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GPC EPS forecast?
GPC EPS forecast for the fiscal quarter 2025 (Q1) is 1.68.
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