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WASHINGTON (dpa-AFX) - While reporting financial results for the fourth quarter on Tuesday, Genuine Parts Co. (GPC) initiated its adjusted earnings and revenue growth guidance for the full-year 2025.
For fiscal 2025, the company now projects earnings in a range of $6.95 to $7.45 per share and adjusted earnings in a range of $7.75 to $8.25 per share on revenue growth of 2 to 4 percent.
On average, 13 analysts polled expect the company to report earnings of $8.29 per share on revenue growth of 3.15 percent to $24.17 billion for the year. Analysts' estimates typically exclude special items.
The company's Board of Directors approved a 3 percent increase in its regular quarterly cash dividend for 2025 to $1.03 per share, payable April 2, 2025 to shareholders of record March 7, 2025.
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