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Apr 22, 2025 4:52 PM - Davit Kirakosyan
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Genuine Parts (NYSE:GPC) opened the year with better-than-expected first-quarter results, pushing its shares 2% higher intra-day today as the company demonstrated resilience despite a challenging trade environment.
Adjusted earnings per share reached $1.75, outpacing the consensus forecast of $1.68. Revenue edged up to $5.87 billion, narrowly topping expectations and reflecting a modest 1.4% year-over-year increase.
Performance across business segments was mixed. The Automotive division delivered 2.5% growth, generating $3.7 billion in revenue, while the Industrial segment experienced a slight decline of 0.4%, contributing $2.2 billion. On an organic basis, comparable sales slipped 0.8%, though this was offset by a 3% lift from acquisitions.
Despite ongoing macroeconomic pressures, including the impact of tariffs, the company reaffirmed its full-year outlook. It continues to target adjusted earnings in the range of $7.75 to $8.25 per share, in line with analyst expectations. Full-year sales are projected to grow between 2% and 4%, reflecting cautious optimism amid a dynamic market backdrop.
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