Genuine Parts Co
GPC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$.QF@g$? | LOCK|<W | LOCK|m<LBm!$ |
Genuine Parts Earnings: Subpar Results and Outlook Overshadow Split Plan; Shares Fairly Valued
Genuine Parts' fourth-quarter sales rose 4.1% on a 1.7% increase in comparable sales. Adjusted EPS fell to $1.55 from $1.61 as adjusted operating expense margin rose 30 basis points to 29.7%. The firm announced that it will separate its automotive and industrial operations into two public companies.
