Genuine Parts (NYSE:GPC) Sees Q4 2024 Earnings Decline
Genuine Parts (NYSE:GPC) reported its earnings for Q4 2024, revealing a decline in net income compared to the previous year. Despite an increase in sales, the company observed a reduction in its earnings per share, which was reflected in its share price declining 9% last quarter. The company's announcement of a quarterly dividend and share repurchase program may provide some steadiness, but broader market turbulence, characterized by a 12% decline over the same period, has likely influenced...