Genuine Parts Raises FY23 Adj EPS Outlook From $8.95 - $9.10 To $9.15 - $9.30 Vs. $9.08 Est.
Portfolio Pulse from Benzinga Newsdesk
Genuine Parts Company has increased its FY23 adjusted EPS outlook from $8.95 - $9.10 to $9.15 - $9.30, which is higher than the estimated $9.08.
July 20, 2023 | 11:01 am
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POSITIVE IMPACT
Genuine Parts Company has raised its FY23 adjusted EPS outlook, which is higher than the estimated value.
Genuine Parts Company's raised EPS outlook for FY23 indicates a positive financial performance, which is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100