earnings
confidence high
sentiment positive
materiality 0.85
Genuine Parts Q3 record sales $5.7B, adj. EPS $2.23; raises 2022 guidance
GENUINE PARTS CO
2022-Q3 EPS reported
$6.53
revenue$16,572,323,000
- Sales $5.7B, up 17.8% YoY; comparable sales up 12.7%, acquisitions add 9.1%.
- Adj. diluted EPS $2.23, up 18.6% from $1.88; reported diluted EPS $2.20, up 38.4%.
- Automotive sales $3.5B (+8.9%), segment profit $309M (+10.0%).
- Industrial sales $2.2B (+35.3%), KDG acquisition contributed 16.6%; segment profit $243M (+46.3%).
- FY2022 outlook raised: total sales growth 15-16%, adj. EPS $8.05-8.15 (vs prior $7.80-7.95).