Genuine Parts (NYSE:GPC) shares are up about 1.43% at last check on Tuesday following the company’s first-quarter earnings report.
The stock’s move higher coincides with a mixed broader market. Major indices like the Nasdaq and S&P 500 are slightly down.
Quarterly Details
- First-quarter adjusted earnings per share of $1.77, beating the analyst consensus estimate of $1.76.
- Quarterly sales of $6.265 billion (+6.8% year over year) outpaced the Street view of $6.173 billion.
- North America Automotive sales were $2.4 billion, up 4.3% from the same period in 2025.
- International Automotive sales were $1.6 billion, up 13.2%
- Industrial sales were $2.3 billion, up 5.2% from the same period in 2025.
- $64 million in cash flow from operations for the first three months of 2026.
- As of March 31, total liquidity was $1.3 billion, consisting of $500 million in cash and $838 million of available capacity under the company’s $2 billion Revolving Credit Agreement.
Outlook
Genuine Parts affirmed 2026 adjusted EPS guidance of $7.50 to $8.00, compared with the $7.73 estimate. The company also reiterated 2026 sales guidance of $25.029 billion to $25.637 billion, versus the $25.348 billion estimate.
“We are simultaneously making strong progress on our announced separation which remains on track for completion in the first quarter of 2027,” said Will Stengel, Chair-Elect and Chief Executive Officer.
The broader market is experiencing a slight downturn, with the Nasdaq down 0.11% and the S&P 500 down 0.31%. Genuine Parts’ positive earnings report contrasts with this …