Genuine Parts Q3 Revenue Rises 4.2% to $6.52 Billion; Adjusted EPS $2.07

Genuine Parts Co. (GPC) reported third-quarter revenue of $6.521 billion, up 4.2% from $6.260 billion a year earlier, as adjusted earnings reached $285.95 million, or $2.07 per share. GAAP net income totaled $224.45 million, or $1.62 per share, compared with $226.17 million, or $1.62 per share, last year. The company issued full-year EPS guidance of $7.50 to $7.75 and revenue growth guidance of 3% to 5.5%.