GPC - Why Genuine Parts Shares Are Rising Today After Q1 Earnings | Benzinga
Genuine Parts Company (NYSE:GPC) shares are trading higher on Thursday.
The company reported first-quarter adjusted earnings per share of $2.22, beating the analyst consensus of $2.16.
Quarterly revenues of $5.784 billion missed the street view of $5.844 billion.
Sales increased 0.3% year over year, which is attributable to a 1.9% benefit from acquisitions, offset by a 0.9% decrease in comparable ...