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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Genuine Parts has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)

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