Investing.com - Genuine Parts reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Genuine Parts announced earnings per share of $2.23 on revenue of $5.68. Analysts polled by Investing.com anticipated EPS of $2.05 on revenue of $5.38B.
Genuine Parts shares are down 9.69% from the beginning of the year, still down 3.65% from its 52 week high of $164.99 set on September 12.
Genuine Parts follows other major Consumer Discretionary sector earnings this month
Genuine Parts's report follows an earnings beat by Tesla on Wednesday, who reported EPS of $1.05 on revenue of $21.45B, compared to forecasts EPS of $1.03 on revenue of $22.5B.
Nike had beat expectations on September 29 with first quarter EPS of $0.93 on revenue of $12.69B, compared to forecast for EPS of $0.922 on revenue of $12.28B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar