Genuine Parts Company falls short in Q3, stock plummets

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 31 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

Genuine Parts Company News

Julie Hyman,Industrial Segments,European Operations

Genuine Parts Company (GPC) stock declined sharply Tuesday afternoon after the automotive and industrial parts distributor missed third quarter earnings...

) stock declined sharply Tuesday afternoon after the automotive and industrial parts distributor missed third quarter earnings expectations. The company cited weakness in its European operations and industrial segments as key factors contributing to the disappointing results.

Yeah, I see some analysts cited saying, you know, not really a whole lot for bows to latch on to here, Julie industrial sales missed European trends, soft us declines. Gwen Stefani is known for her icy blonde hair and bright red lipstick but the No Doubt frontwoman rocked a major new look on Monday October 21. See pictures here...U.S. Secretary of State Antony Blinken told Israeli Prime Minister Benjamin Netanyahu on Tuesday that Israel has so far taken insufficient steps to get more humanitarian aid into Gaza, and he asked it to work to improve the situation, a senior State Department official said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Genuine Parts cuts 2024 earnings forecast on industrial business weakness; shares dipShares of the company fell more than 9% in pre-market trading. Slower recovery in the European automotive aftermarket business has been a drag on the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Boeing stock slides as company announces job cuts, delays jet delivery amid labor strikeAn ongoing strike by Boeing's biggest union, the International Association of Machinists and Aerospace Workers (IAM), is proving costly on several fronts for...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nvidia stock eyes record high, looks to unseat Apple as world's most valuable companyNvidia stock is aiming to notch a new all-time high as the AI boom shows no sign of slowdown.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »