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"Our results were below our expectations," CEO Will Stengel said. Genuine Parts is facing two main demand challenges. The biggest is that industrial production activity is lagging in the core U.S ...

Genuine Parts had a surprisingly weak Q3, and management telegraphed more struggles ahead. Sales will likely remain pressured until there's a rebound in industrial production in the U.S. market.

Genuine Parts reported weaker Q3 results, leading to a sharp guidance cut. On a positive note, sales are normalizing, and there was an improvement in the gross margin. M&A upside, valuation ...

Keeping indexes in check was GE Aerospace, which tumbled 9% and was ... even though its profit edged past forecasts. Genuine Parts, which sells automotive and industrial replacement parts, dropped ...

Keeping indexes in check was GE Aerospace, which tumbled 9% and was the heaviest weight on the S&P 500 ... even though its profit edged past forecasts. Genuine Parts, which sells automotive and ...

Genuine Parts shares plummeted 21.0%, the steepest daily drop of any S&P 500 constituent. GE Aerospace (GE) beat overall sales and profit forecasts for the third quarter, but revenue from its ...

Shares of Genuine Parts (NYSE: GPC) were falling today after the Napa Auto Parts parent posted disappointing results in its third-quarter earnings report. While the company beat top-line estimates ...

GE Aerospace has a dominant share in the engine market for narrowbody jets and enjoys a strong position in widebodies. More than 70% of its commercial engine revenue comes from parts and services.

JPMorgan lowered the firm’s price target on Genuine Parts (GPC) to $135 from $162 and keeps an Overweight rating on the shares. The firm says the company’s Q3 results, which fell well-below ...