Genuine Parts Earnings: Your Sneak Peek to the Big Announcement
Genuine Parts (NYSE:GPC) will report earnings before markets open on Thursday, July 18th. Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials. The Company conducts business throughout most of the United States, in Canada, and in Mexico.
Here is your Cheat Sheet to Genuine Parts Earnings:
Earnings Expectations: Analysts expect earnings of $1.21 per share on revenues of $3.68 billion. Currently, the company’s P/E ratio stands at 20.48.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.26 to a profit $1.27. For the current year, the average estimate is a profit of $4.5, which is worse than the estimate ninety days ago.
Here’s how Genuine Parts has been performing on an annual basis:
|Revenue ($) in millions||11,015||10,058||11,208||12,459||13,014|
|Diluted EPS ($)||2.92||2.50||3.00||3.58||4.14|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||3,337.84||3,375.78||3,118.97||3,198.80|
|Diluted EPS ($)||1.08||1.11||1.03||0.93|
Genuine Parts has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)