Genuine Parts Expects 5% Q4 Revenue Growth to $6.06 Billion and $1.82 EPS
Genuine Parts posted $6.26 billion in Q3 revenue, up 4.9% year on year and 2.2% above estimates, but full-year EPS guidance trailed analysts. Q4 revenue is forecast to rise 5% to $6.06 billion with adjusted EPS of $1.82 per share.
1. Q3 Performance
Genuine Parts delivered Q3 revenue of $6.26 billion, up 4.9% year over year and 2.2% above analyst projections. Full-year EPS guidance was trimmed slightly below consensus estimates despite the top-line outperformance.
2. Q4 Forecast
Analysts project Q4 revenue growth of 5% year over year to $6.06 billion, with adjusted EPS of $1.82 per share, reflecting a pickup from the prior quarter’s 3.3% revenue increase.
3. Peer Comparison
Advance Auto Parts reported a 1.2% revenue decline but beat estimates by 1%, while Monro saw a 4% drop missing by 0.6% and experienced a 5.2% share price decline, illustrating varied resilience in the auto parts segment.