Genuine Parts Q3 adjusted EPS beats estimates on higher comparable sales
GPC•Genuine Parts reported Q3 sales of $6.52 billion, in line with estimates, and adjusted EPS of $2.07, above the $2.05 estimate. It narrowed its 2026 adjusted EPS outlook to $7.50-$7.75 and lowered its GAAP EPS outlook to $5.60-$5.85.
1. Quarterly results
Genuine Parts reported Q3 sales of $6.52 billion, matching analyst expectations, and adjusted EPS of $2.07, compared with the $2.05 estimate. Net income was $224.45 million, and EPS was $1.62.
2. 2026 outlook
The company narrowed its 2026 adjusted EPS outlook to $7.50-$7.75 from $7.50-$8.00 and lowered its GAAP EPS outlook to $5.60-$5.85 from $5.90-$6.40. It maintained its sales growth outlook at 3% to 5.5%.
3. Sales drivers
Genuine Parts said Q3 sales growth was driven mainly by higher comparable sales, acquisitions and favorable currency. Its industrial segment led growth with strong comparable sales and margin improvement; restructuring and separation costs affected reported earnings.
