Genuine Parts Non-GAAP EPS of $2.20 beats by $0.17, revenue of $5.6B beats by $300M, raises FY22 guidance

Jul. 27, 2022 7:14 AM ETGenuine Parts Company (GPC)By: Gaurav Batavia, SA News Editor6 Comments
  • Genuine Parts press release (NYSE:GPC): Q2 Non-GAAP EPS of $2.20 beats by $0.17.
  • Revenue of $5.6B (+17.2% Y/Y) beats by $300M.
  • Total sales growth of 12% to 14% from prior outlook of 10-12% vs. 12% consensus.
  • Adj. EPS of $7.80-$.795 from prior outlook of $$7.70-$7.85 vs. $7.84 consensus.
  • Re-affirms prior outlook of FCF of $1.2B-$1.4B.

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