GPC reports $2.15 non-GAAP EPS and $6.5B revenue, exceeding expectations by $0.07 and $70M respectively.
Genuine Parts reported second-quarter non-GAAP earnings per share of $2.15, surpassing estimates by $0.07. Revenue reached $6.5 billion, up 4.8% year-over-year and $70 million above forecasts.
The results were driven by a 3.4% increase in comparable sales, a 1.4% favorable foreign currency impact, and a 1.2% benefit from other factors. The company’s performance reflects stronger demand and currency tailwinds.
Shares may see modest gains as investors react to the earnings beat and revenue growth.