India, July 22 -- While reporting financial results for the second quarter on Tuesday, Genuine Parts Co. (GPC) slashed its earnings, adjusted earnings and revenue growth guidance for the full-year 2025.
For fiscal 2025, the company now projects earnings in a range of $6.55 to $7.05 per share and adjusted earnings in a range of $7.50 to $8.00 per share on revenue growth of 1 to 3 percent.
Previously, the company expected 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, 12 analysts polled expect the company to report earnings of $7.75 per share on revenue growth of 2.53 percent to $24.08 billion for the year. Analysts' estimates typ...