Genuine Parts (GPC) Q3 Earnings Lag Estimates

Genuine Parts (GPC) came out with quarterly earnings of $1.98 per share, missing the Zacks Consensus Estimate of $2.02 per share. This compares to earnings of $1.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.98%. A quarter ago, it was expected that this auto and industrial parts distributor would post earnings of $2.08 per share when it actually produced earnings of $2.1, delivering a surprise of +0.96%.Over the last f ...