Genuine Parts's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Genuine Parts (NYSE:GPC) is set to release its latest quarterly earnings report on July 20, 2023. Analysts estimate an earnings per share (EPS) of $2.34. The company's past performance shows a pattern of beating EPS estimates, but this has sometimes been followed by a drop in share price. The stock is currently trading at $167.27, up 17.56% over the last 52-week period.
July 19, 2023 | 6:00 pm
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Genuine Parts is expected to report an EPS of $2.34 in its upcoming earnings. Despite beating EPS estimates in the past, the company's share price has sometimes dropped afterwards. The stock is currently up 17.56% over the last 52 weeks.
The upcoming earnings report is a significant event for Genuine Parts. While the company has a history of beating EPS estimates, this has sometimes led to a drop in share price, indicating that investor reactions can be unpredictable. The stock's positive performance over the last 52 weeks suggests a generally favorable market sentiment towards the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100