Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors of ...

Have you evaluated the performance of Genuine Parts' (GPC) international operations for the quarter ending March 2024? Given the extensive global presence of this auto and industrial parts distributor, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and traject ...

Investor confidence is rebounding for this reliable dividend stock.Shares of automotive and industrials parts maker Genuine Parts (GPC 12.66%) jumped on Thursday even though it's normally a sleepy stock. The company reported financial results for the first quarter of 2024 and raised its full-year profit guidance, which is why Genuine Parts stock was up 12% as of 11 a.m. ET.Investor confidence is on the riseIn Q1, Genuine Parts' sales increased by less than 1% to $5.8 billion and its earnings per share (EPS) ...

Genuine Parts Company (NYSE:GPC) Q1 2024 Earnings Conference Call April 18, 2024 8:30 AM ET Company Participants Tim Walsh - Senior Director, Investor Relations Paul Donahue - Chairman and Chief Executive Officer Will Stengel - President and Chief Operating Officer Bert Nappier - Executive Vice President and Chief Financial Officer Conference Call Participants Scot Ciccarelli - Truist Securities Chris Horvers - J.P. Morgan Greg Melich - Evercore ISI Henry Carr - UBS Bret Jordan - Jefferies Seth Basham - Wed ...

Genuine Parts Company (GPC) delivered first-quarter 2024 adjusted earnings of $2.22 per share, up 3.74% year over year. The bottom line surpassed the Zacks Consensus Estimate of $2.15 per share. The company reported net sales of $5.78 billion, lagging the Zacks Consensus Estimate of $5.84 billion and inching up 0.32% year over year. This nominal increase was due to a 1.9% boost from acquisitions, offset by a 0.9% drop in comparable sales and a 0.7% impact from unfavorable foreign currency transactions.Segme ...

Genuine Parts (GPC) reported $5.78 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 0.3%. EPS of $2.22 for the same period compares to $2.14 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $5.85 billion, representing a surprise of -1.05%. The company delivered an EPS surprise of +3.26%, with the consensus EPS estimate being $2.15.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Common Stock, $1.00 par value per share GPC Table of Contents Item 1. Legal Proceedings 23 Item 1A. Risk Factors 23 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 23 Item 5. Other Information 23 Item 6. Exhibits 24 Signatures 25 PART I – FINANCIAL INFORMATION Item 1. Financial Statements GENUINE PARTS CO ...

www.genpt.com News Release April 18, 2024 FOR IMMEDIATE RELEASE Genuine Parts Company Reports First Quarter 2024 Results and Updates Full-Year Outlook • Sales of $5.8 billion, Up 0.3% • Diluted EPS of $1.78, Down 16.8% • Adjusted Diluted EPS of $2.22, Up 3.7% • Updates 2024 Outlook: ◦ Reaffirms Revenue Growth of 3% to 5% ◦ Updates Adjusted Diluted EPS to $9.80 to $9.95 from $9.70 to $9.90 ATLANTA -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement part ...

Genuine Parts Company (GPC) is slated to release first-quarter 2024 results on Apr 18, before market open. The Zacks Consensus Estimate for earnings per share is pinned at $2.15, implying growth of 0.47% from the year-ago reported number. The consensus estimate has moved down 11 cents in the past 60 days.The Zacks Consensus Estimate for revenues is pegged at $5.85 billion, suggesting a year-over-year increase of 1.39%. Genuine Parts surpassed earnings estimates in each of the trailing four quarters, the ave ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Genuine Parts (GPC) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 18. On ...