Genuine Parts: Q2 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Genuine Parts Co. (GPC) on Tuesday reported second-quarter profit of $227.6 million.

The Atlanta-based company said it had profit of $1.65 per share. Earnings, adjusted for one-time gains and costs, were $2.15 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.10 per share.

The auto and industrial parts distributor posted revenue of $6.54 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $6.39 billion.

Genuine Parts expects full-year earnings in the range of $7.50 to $8 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPC at https://www.zacks.com/ap/GPC