NYSE$GPC
Genuine Parts Co · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Genuine Parts Company reported an increase in fourth quarter sales, driven by growth in the Automotive Group, but diluted EPS decreased due to restructuring and other charges.
Genuine Parts Company reported fourth quarter sales of $4.7 billion, a 2.2% increase compared to the same period in 2018. Diluted earnings per share were $0.06, while adjusted diluted earnings per share were $1.35. The company is establishing its full year 2020 sales guidance at Flat to up 1.0%, or up an adjusted 3.0% to 4.0% excluding the impact of the EIS and SPR Canada divestitures.
- Fourth quarter sales increased by 2.2% to $4.7 billion.
- Diluted EPS was $0.06, while adjusted diluted EPS was $1.35.
- Automotive Group sales increased by 8.7%, while Industrial Group sales decreased by 5.9%.
- The company is targeting $100 million cost savings run-rate by the end of 2020.
Headline financials
Revenue & EPS history
Genuine Parts · Revenue · Quarterly
$4.71B
Revenue by segment
Genuine Parts · $4.28B total across 2 segments · Q4 2019
- Total Automotive$2.8B+8.7%65.4%
- Industrial$1.48B-5.9%34.6%
Forward guidance
The Company is establishing its full year 2020 sales guidance at Flat to up 1.0%, or up an adjusted 3.0% to 4.0% excluding the impact of the EIS and SPR Canada divestitures. The Company's guidance for diluted earnings per share is $5.80 to $5.90, an increase of 2% to 4%, or an adjusted 5% to 7% excluding the divestitures noted above.
Tailwinds
- Total sales growth 3% to 4%
- Automotive sales growth 4% to 5%
- Industrial sales growth 2% to 3%
- Business Products sales growth -1% to -2%
- Diluted earnings per share $5.80 to $5.90
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 Q4 2019
-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
| Quarter | Report date | Reaction (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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