A Look at Genuine Parts's Upcoming Earnings Report
Portfolio Pulse from Benzinga Insights
Genuine Parts (NYSE:GPC) is set to announce its quarterly earnings on October 22, 2024. Analysts estimate an EPS of $2.44. The company's past performance shows mixed results, with a recent EPS miss leading to a slight share price drop. The stock has a Neutral consensus rating with a potential 10.01% upside. Genuine Parts shows strong financial metrics but faces challenges in debt management.
October 21, 2024 | 4:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Genuine Parts is expected to announce its earnings with an estimated EPS of $2.44. The stock has a Neutral rating and a potential 10.01% upside. Past performance shows mixed results, with a recent EPS miss causing a slight drop in share price. The company has strong financial metrics but faces debt management challenges.
The upcoming earnings report is crucial for Genuine Parts, as it could influence short-term stock price movements. The Neutral rating and potential upside suggest moderate investor expectations. Past performance indicates that missing EPS estimates can lead to a drop in share price, but strong financial metrics may provide support. Debt management issues could pose a risk.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100