NYSE$GPC

Genuine Parts Co · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Genuine Parts Company reported first quarter 2020 results and provided a business update on how it navigated through the COVID-19 pandemic.

Genuine Parts Company's first quarter results were driven by total sales growth of 1.1% excluding the impact of divestitures. The sales and operating environment were severely impacted by the COVID-19 pandemic as the quarter progressed. The company enacted preparedness plan to protect people, ensure business continuity and position company for recovery.

  • Sales of $4.6 Billion, Down 3.7%; Excluding Divestitures, Up 1.1%
  • Diluted EPS $0.94; Adjusted EPS $0.92
  • Enacted Preparedness Plan to Protect our People
  • Operations remain safe, open and positioned to service our customers' critical needs during these unprecedented times

Headline financials

Total Revenue

$4.56B

Previous: $4.74B-3.7%
EPS (adj)

$0.92

Previous: $1.28-28.1%
Capital Expenditures

-$45.4M

Previous: -$45.6M+0.5%
Free Cash Flow

$91.1M

Previous: $115M-20.5%
Net Income

$137M

Previous: $160M-14.8%
Operating Income

$189M

Previous: $245M-22.9%
Gross Profit

$1.5B

Previous: $1.51B-0.5%
Cash & Equivalents

$354M

Previous: $357M-0.7%
Total Assets

$14.5B

Previous: $14.1B+2.7%
Stock-Based Comp

$4.5M

Previous: $6.01M-25.2%

Revenue & EPS history

Genuine Parts · Revenue · Quarterly

$4.56B

Q1 2020-3.7%vs Q1 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Genuine Parts · $4.09B total across 2 segments · Q1 2020

  • Total Automotive
    $2.58B-1.6%
  • Industrial
    $1.51B-7.7%

Forward guidance

Due to the economic uncertainty as a result of the rapidly evolving COVID-19 pandemic and the limited visibility on the impacts to our businesses, we cannot reasonably estimate the Company's full year financial and operating results at this time.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-1.0%

Avg return

Earnings day

-1.4%

Avg return

5 days after

-2.0%

Avg return

30 days after

48%

35 / 73 earnings

Positive

+12.7%

Q1 2024

Best reaction

-18.8%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.3%-3.4%-14.7%
Q4 2025-14.5%-19.8%-32.7%
Q3 2025+2.1%-0.7%-5.1%
Q2 2025-0.2%+0.5%+2.3%
Q1 2025+2.8%+4.3%+13.5%
Q4 2024-2.6%-2.6%-3.3%
Q3 2024-18.8%-20.2%-14.3%
Q2 2024-1.9%+2.6%+2.2%
Q1 2024+12.7%+13.4%+6.1%
Q4 2023-0.8%+0.2%+6.7%
Q3 2023-13.5%-13.4%-7.6%
Q2 2023-7.0%-6.1%-7.9%
Q1 2023+0.0%-0.8%-1.0%
Q4 2022+2.8%+1.7%-9.8%
Q3 2022+2.1%+8.0%+13.7%
Q2 2022+4.8%+7.1%+9.6%
Q1 2022-2.9%-2.7%-6.6%
Q4 2021-2.4%-4.9%-0.7%
Q3 2021+2.6%+3.8%+4.3%
Q2 2021-0.1%-0.2%-4.1%
Q1 2021+0.9%+1.6%+8.4%
Q4 2020-0.8%+2.6%+15.1%
Q3 2020-3.2%-8.0%-5.0%
Q2 2020-1.6%-0.5%+3.5%
Q1 2020-1.7%+1.3%+23.0%
Q4 2019+2.9%-1.1%-42.8%
Q3 2019+3.7%+5.7%+7.3%
Q2 2019-6.9%-5.1%-12.2%
Q1 2019-7.9%-6.5%-12.9%
Q4 2018+1.4%+3.0%+1.4%
Q3 2018+6.5%+5.7%+7.6%
Q2 2018+3.6%+3.4%+4.5%
Q1 2018-4.0%-3.2%+1.1%
Q4 2017-6.5%-5.3%-11.9%
Q3 2017-9.6%-9.3%-12.1%
Q2 2017-0.3%+0.4%-1.6%
Q1 2017+3.1%+3.8%+2.2%
Q4 2016-4.6%-4.4%-7.2%
Q3 2016-7.1%-5.5%-1.9%
Q2 2016-1.9%-2.0%+1.4%
Q1 2016-3.3%
Q4 2015+2.5%
Q3 2015+2.9%
Q2 2015-3.1%
Q1 2015+0.5%
Q4 2014-1.5%
Q3 2014+4.7%
Q2 2014-1.5%
Q1 2014-1.5%
Q4 2013+0.6%
Q3 2013-3.3%
Q2 2013-2.1%
Q1 2013-3.2%
Q4 2012-3.4%
Q3 2012-0.8%
Q2 2012+1.6%
Q1 2012-1.2%
Q4 2011+0.6%
Q3 2011+0.5%
Q2 2011-2.8%
Q1 2011+1.1%
Q4 2010+1.8%
Q3 2010+1.3%
Q2 2010-0.2%
Q1 2009-4.9%
Q1 2010+0.2%
Q4 2007+1.3%
Q4 2009+1.3%
Q3 2008+1.6%
Q3 2009+1.6%
Q2 2009+1.9%
Q4 2008+1.9%
Q2 2008+1.9%

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