From Barchart: 2025-02-18 11:48:00

Genuine Parts (NYSE:GPC) reported mixed Q4 2024 results, with revenue beating expectations at $5.77 billion but earnings falling short at $1.61 per share, causing a 3% stock drop. Comparable sales declined by 0.5%, reflecting soft demand despite macroeconomic challenges.

Management cited macroeconomic pressures for the softer sales and earnings miss, but highlighted operational efficiency and growth initiatives. For 2025, Genuine Parts forecasts earnings per share between $7.75 and $8.25, slightly below the $8.29 consensus estimate, with revenue growth of 2% to 4%.

Despite challenges, Genuine Parts aims to strengthen its market position in 2025 amidst industry headwinds, signaling a cautious growth trajectory for the company.



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