Genuine Parts shares are trading lower after the company reported worse-than-expected Q2 sales results and issued FY23 guidance.
Portfolio Pulse from Benzinga Newsdesk
Genuine Parts reported lower than expected Q2 sales results and issued FY23 guidance, causing its shares to trade lower.
July 20, 2023 | 2:44 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Genuine Parts' shares are trading lower due to worse-than-expected Q2 sales results and FY23 guidance.
Genuine Parts' lower than expected Q2 sales results and FY23 guidance are likely to negatively impact investor sentiment, leading to a decrease in the company's share price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100