earnings
confidence high
sentiment positive
materiality 0.85
GPC Q2 2022: Record sales $5.6B (+17.1% YoY), adj. EPS $2.20 (+26.4%), raises full-year outlook
GENUINE PARTS CO
2022-Q2 EPS reported
$4.34
revenue$10,897,049,000
- Sales $5.6B (+17.1% YoY); diluted EPS $2.62 (+92.6%); adjusted EPS $2.20 (+26.4%).
- Automotive parts sales $3.5B (+8.5%); segment profit margin 9.3% (+20 bps).
- Industrial parts sales $2.1B (+34.5%); segment profit margin 10.6% (+110 bps).
- Raises 2022 outlook: total sales growth 12-14% (prev. 10-12%); adj. EPS $7.80-$7.95 (prev. $7.70-$7.85).
- Operating cash flow $791M in H1 2022; free cash flow $638M; $2B total liquidity.