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News

Genuine Parts Company FY24 Outlook: Adj. EPS $9.70-$9.90 Vs. $9.84 Estimate, Revenue Growth 3%-5%

Author: Benzinga Newsdesk | February 15, 2024 07:57am

 

 

Year Ended 12/31/2024

Total sales growth


 

3% to 5%

Automotive sales growth


 

2% to 4%

Industrial sales growth


 

3% to 5%

Diluted earnings per share


 

$8.95 to $9.15

Adjusted diluted earnings per share


 

$9.70 to $9.90

Effective tax rate


 

Approx. 24%

Net cash provided by operating activities


 

$1.3 billion to $1.5 billion

Free cash flow


 

$800 million to $1 billion

Posted In: GPC

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