From Nasdaq: 2025-04-23 08:30:00

Genuine Parts Co. (NYSE: GPC) stock rose 5% in pre-market trading after beating earnings estimates on Apr. 22. The company reaffirmed its guidance for the year but did not include impacts from tariffs due to uncertainty in the market.

Revenue of $5.9 billion exceeded estimates by 1% and was 2% higher year-over-year. Earnings per share of $1.75 beat estimates by 5%, but were down 21% from the previous year. Genuine Parts acquired 44 stores in the quarter, strengthening its market presence.

Despite potential tariff impacts, Genuine Parts remains a solid choice for investors due to its focus on selling car parts. Analysts have a Hold rating on GPC but see a 14% upside potential. With a dividend yield of 3.6% and a forward P/E ratio of 14x, GPC stock may appeal to value-conscious investors.



Read more at Nasdaq:: Genuine Parts: Solid Earnings But Economic Uncertainties Remain