Core Viewpoint - Genuine Parts is expected to report quarterly earnings of $2.59 per share, reflecting a year-over-year increase of +6.2% [11]. Earnings Estimates and Revisions - The Most Accurate Estimate for Genuine Parts is lower than the Zacks Consensus Estimate, indicating a bearish sentiment among analysts with an Earnings ESP of -5.91% [3]. - The consensus EPS estimate has remained unchanged over the last 30 days, suggesting a collective reassessment by covering analysts [17]. Revenue Expectations - Revenues for the upcoming quarter are projected to be $6.04 billion, which is a 2.1% increase from the same quarter last year [23]. Historical Performance - Over the last four quarters, Genuine Parts has successfully beaten consensus EPS estimates each time [20]. - The stock currently holds a Zacks Rank of 3, indicating a neutral outlook [19]. Market Sentiment and Predictions - A negative Earnings ESP reading does not necessarily predict an earnings miss, but it complicates the ability to confidently forecast an earnings beat [13]. - The combination of a positive Earnings ESP and a strong Zacks Rank significantly increases the likelihood of an earnings surprise, with a success rate of nearly 70% [8]. Additional Considerations - The stock's movement may not solely depend on earnings results, as other factors can influence investor sentiment [15]. - Management's discussion during the earnings call will be crucial for determining the sustainability of any immediate price changes and future earnings expectations [16].

chaofann Stocks can go through periods of underperformance for one reason or another, and a common refrain among investors may be to ask "what does the market know that I don't?" Having been in the investment game for quite some time, I would say that more often than not, so long as you do your due diligence, the market doesn't know any more than you do. Sometimes, an individual company or sector may simply be out of favor with big institutional firms, which often adopt a herd mentality and can "window dres ...

ATLANTA, July 2, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release second quarter financial results on July 23, 2024. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? T ...

Company Overview - Genuine Parts Company (GPC) is based in Atlanta and operates in the Auto-Tires-Trucks sector, with a year-to-date share price change of 4.83% [3] - The company currently pays a dividend of $1 per share, resulting in a dividend yield of 2.76%, which is slightly below the Automotive - Replacement Parts industry's yield of 2.78% and significantly above the S&P 500's yield of 1.58% [3] Dividend Performance - The annualized dividend of Genuine Parts is $4, reflecting a 5.3% increase from the previous year [4] - Over the past five years, the company has raised its dividend five times, achieving an average annual increase of 6% [4] - The current payout ratio stands at 43%, indicating that the company distributes 43% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - Genuine Parts is projected to experience earnings growth in the current fiscal year, with the Zacks Consensus Estimate for 2024 at $9.92 per share, representing a 6.32% increase from the previous year [5] Investment Considerations - The company is viewed as a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 2 (Buy) [7]

The ICON Trailer Lock is made with over twenty pounds of high quality (or premium) cast steel hardened to 450 Brinell making it able to withstand a lot of force. Common conventional locks use cheaper low carbon steel which is more malleable and vulnerable to saw blades and drill bits. In addition to the patented radial fin design, the ICON features a premium disc detainer lock core, extreme weather resistant seals and one-piece design for easy lock and go experience. STERLING, Va., May 29, 2024 (GLOBE NEWSW ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?D ...

Advances Strategic Initiative to Own More Stores in Priority Markets ATLANTA, May 1, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today an acquisition for its U.S. Automotive business. Effective April 30, 2024, the company acquired Motor Parts & Equipment Corporation (MPEC). MPEC, founded in 1938, is based in Rockford, Illinois. It is the largest independent owner of NAPA Auto Parts stores in the U.S., operatin ...

Paul Donahue to Transition to Executive Chairman Will Stengel Appointed President and Chief Executive OfficerATLANTA, April 29, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that Paul D. Donahue will transition from chairman and CEO to executive chairman, effective June 3, 2024. At that time, William P. Stengel, II, currently president and COO, will succeed Mr. Donahue as president and CEO of GPC and will ...