Analyst Consensus ?
ConsensusHold23 ratings
Bullish1043.5%
Neutral1252.2%
Bearish14.3%
Genuine Parts Company · GPC · FY2026 Q2 · Calendar Q3 2026
GPC Q2 2026: Sales Up 6% to $6.5B, EPS Beat, Separation On Track
Genuine Parts Company delivered a solid Q2 with 6% revenue growth to $6.5 billion and adjusted EPS of $2.15, beating consensus on both the top and bottom lines. Gross margin expanded 20 basis points to 37.9% on strategic pricing and sourcing initiatives. The planned separation of Global Automotive and Global Industrial remains on track for Q1 2027, with corporate cost allocation now disclosed. Management reaffirmed full-year adjusted EPS guidance while moderating the Global Automotive revenue outlook due to Iran conflict headwinds. The stock sold off sharply on the report but has since recovered most of that decline, and analyst consensus targets imply meaningful upside from current levels.
Reported Before market openNYSEConsumer Cyclical
$17.21B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$2.15
Consensus $2.08
EPS surprise
+3.4%
Reported versus consensus
Reported revenue
$6.54B
Consensus $6.43B
Revenue surprise
+1.7%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-2.7%
Event window
SPY move
+0.8%
Same window
Abnormal move
-3.5%
Stock minus SPY
Volume
2.0×
Versus trailing sessions
Subsequent drift
+4.8%
Up to 20 sessions
GPCSPY benchmark
Ask FN2 about GPC FY2026 Q2
Transcript, numbers and history already loaded
Why did GPC fall 2.7% after beating EPS estimates in FY2026 Q2?What changed in GPC's guidance and outlook in FY2026 Q2?Give me the bull and bear case for GPC after FY2026 Q2 earnings.
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Transcript intelligence
What changed
Versus Q1, revenue growth moderated from 6.8% to 6% but gross margin continued expanding, reaching 37.9% from 37.3%. Management disclosed detailed corporate cost allocation for the upcoming separation, including a $20 million asbestos litigation expense. The Global Automotive revenue outlook was moderated due to Iran conflict pressures, though full-year adjusted EPS guidance was maintained. New disclosures included confirmation of no current competitor discussions regarding the Global Automotive business and Repco being named Australia's 2026 Major Retailer of the Year.
Guidance delta
Full-year adjusted EPS guidance was maintained, while the Global Automotive revenue outlook was moderated due to Iran conflict headwinds. Management continues to expect low single-digit inflation for the full year. The separation timeline remains Q1 2027, with investor days for each business planned in December.
Key takeaways
- Q2 sales grew 6% to $6.5 billion with adjusted EPS of $2.15, exceeding internal targets and beating consensus on both lines.
- Gross margin expanded 20 basis points to 37.9%, driven by strategic pricing and sourcing initiatives.
- Separation of Global Automotive and Global Industrial is on track for Q1 2027, with corporate cost allocation now disclosed including a $20 million asbestos litigation expense.
- Industrial segment EBITDA grew 10%, with both North America and International Automotive posting 6% EBITDA growth.
- Inflationary pressures from the Iran conflict remain a headwind, but management expects low single-digit inflation for the full year.
Management priorities
- Complete the separation of Global Automotive and Global Industrial in Q1 2027.
- Host investor days for each business in December.
- Launch new state-of-the-art distribution centers for NAPA by year-end.
- Continue bolt-on M&A activity and develop independent owner improvement programs.
- Review and potentially adjust capital structure, including the AR factoring program.
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Analyst 52W Price Targets
$121.6Current
$122Low
$149.69Average
$180High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 29, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Argus Research | Buy | Buy | Maintain | Oct 22, 2026 |
| UBS | Neutral | Neutral | Maintain | Oct 21, 2026 |
| Truist Securities | Hold | Hold | Maintain | Oct 21, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Oct 12, 2026 |
| DA Davidson | Buy | Buy | Maintain | Aug 3, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Jul 22, 2026 |
| Goldman Sachs | Neutral | Sell | Upgrade | Nov 13, 2025 |
| Loop Capital | Buy | Buy | Maintain | Jul 24, 2025 |
| Wedbush | Neutral | Neutral | Maintain | Oct 23, 2024 |
| Jefferies | Hold | Hold | Maintain | Apr 19, 2024 |
| Stephens & Co. | Equal Weight | Equal Weight | Maintain | Jul 21, 2023 |
| B of A Securities | Buy | Neutral | Upgrade | Jun 1, 2023 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | Apr 23, 2021 |
| Bank of America | Underperform | Buy | Downgrade | Dec 2, 2020 |
| CFRA | Hold | Hold | Maintain | May 6, 2020 |
| Argus | Buy | Hold | Upgrade | May 5, 2018 |
| Gabelli & Co. | Buy | Hold | Upgrade | Jul 21, 2017 |
| Sterne Agee CRT | Buy | Neutral | Upgrade | May 4, 2015 |
| Sterne Agee | Buy | Neutral | Upgrade | May 4, 2015 |
| SunTrust Robinson Humphrey | Neutral | Buy | Downgrade | Aug 28, 2014 |
| BB&T Capital | Hold | Buy | Downgrade | Jul 19, 2013 |
| Wunderlich Securities | Hold | Hold | Maintain | Jul 17, 2013 |
| Wunderlich | Hold | Hold | Maintain | Jul 17, 2013 |
Named analyst price targets
Upside is calculated against the persisted current price $121.6. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Argus Research | Kristina Ruggeri | $150 | $125.68 | +23.4% | Oct 22, 2026 |
| Goldman Sachs | Analyst unavailable | $122 | $123.52 | +0.3% | Oct 20, 2026 |
| Truist Financial | Scot Ciccarelli | $131 | $123.52 | +7.7% | Oct 20, 2026 |
| D.A. Davidson | Analyst unavailable | $170 | $129.17 | +39.8% | Aug 3, 2026 |
| Truist Financial | Analyst unavailable | $126 | $121.38 | +3.6% | Jul 22, 2026 |
| Raymond James | Sam Darkatsh | $165 | $121.95 | +35.7% | Jul 22, 2026 |
| UBS | Michael Lasser | $122 | $119.12 | +0.3% | Jul 22, 2026 |
| D.A. Davidson | Chris Dankert | $150 | $125.92 | +23.4% | Jul 6, 2026 |
| D.A. Davidson | Analyst unavailable | $145 | $104.64 | +19.2% | Jun 15, 2026 |
| Raymond James | Sam Darkatsh | $145 | $116.16 | +19.2% | Feb 24, 2026 |
| Evercore ISI | Greg Melich | $160 | $118.56 | +31.6% | Feb 20, 2026 |
| UBS | Michael Lasser | $135 | $125.74 | +11.0% | Feb 18, 2026 |
| Truist Financial | Analyst unavailable | $127 | $125.74 | +4.4% | Feb 18, 2026 |
| Truist Financial | Analyst unavailable | $162 | $149.01 | +33.2% | Feb 12, 2026 |
| Evercore ISI | Analyst unavailable | $175 | $148.44 | +43.9% | Feb 11, 2026 |
| Evercore ISI | Greg Melich | $155 | $146.92 | +27.5% | Feb 10, 2026 |
| Truist Financial | Analyst unavailable | $146 | $133.74 | +20.1% | Oct 21, 2025 |
| UBS | Michael Lasser | $140 | $131.52 | +15.1% | Oct 10, 2025 |
| Evercore ISI | Analyst unavailable | $150 | $138.66 | +23.4% | Oct 1, 2025 |
| Evercore ISI | Greg Melich | $135 | $116.81 | +11.0% | Apr 4, 2025 |
| Bank of America Securities | Elizabeth Suzuki | $125 | $116.24 | +2.8% | Oct 24, 2024 |
| UBS | Michael Lasser | $125 | $113.11 | +2.8% | Oct 23, 2024 |
| UBS | Michael Lasser | $150 | $135.98 | +23.4% | Jul 3, 2024 |
| Wedbush | Seth Basham | $170 | $160.78 | +39.8% | Apr 19, 2024 |
| Truist Financial | Scot Ciccarelli | $183 | $160.23 | +50.5% | Apr 19, 2024 |
| CFRA | Garrett Nelson | $180 | $160.36 | +48.0% | Apr 18, 2024 |
| Truist Financial | Scot Ciccarelli | $167 | $154.28 | +37.3% | Apr 2, 2024 |
| CFRA | Garrett Nelson | $160 | $143.71 | +31.6% | Feb 15, 2024 |
| Truist Financial | Scot Ciccarelli | $191 | $157.19 | +57.1% | Jul 21, 2023 |
Track every rating change on GPC the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationGenuine Parts Company, established in Atlanta, Georgia in 1928, functions as a prominent global distributor specializing in automotive and industrial replacement parts, alongside associated materials. The company’s operations are segmented into its Automotive Parts Group and Industrial Parts Group. The Automotive Parts Group supplies an extensive inventory of replacement components for a wide spectrum of vehicles, including hybrid and electric models, trucks, SUVs, buses, motorcycles, recreational and farm vehicles, small engines, marine equipment, and heavy-duty machinery, as well as various accessory and supply items. Its diverse clientele encompasses automotive repair facilities, service stations, fleet operators, vehicle dealerships (cars and trucks), leasing firms, bus and truck lines, large-scale retailers, farms, industrial enterprises, and individual consumers. Concurrently, the Industrial Parts Group distributes critical industrial replacement parts and supplies.…
Historical context
All GPC earningsConsumer Cyclical peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| F Ford Motor Company | FY2026 Q3 · Calendar Q4 2026 | +19.5% | +1.4% | Ford raises EBIT outlook as trucks and auto adjacencies strengthen |
| EBAY eBay Inc. | FY2026 Q3 · Calendar Q4 2026 | +7.1% | +0.2% | eBay sustains double-digit GMV growth while maintaining guidance |
| F-PB Ford Motor Company 6.20% Notes | FY2026 Q3 · Calendar Q4 2026 | +19.5% | — | Ford Q3: EBIT guidance raised as trucks and services lead |
| F-PC Ford Motor Company 6% Notes due | FY2026 Q3 · Calendar Q4 2026 | +19.5% | — | Ford raises EBIT outlook as trucks and adjacencies support Q3 |
| CMG Chipotle Mexican Grill, Inc. | FY2026 Q3 · Calendar Q4 2026 | -7.1% | +2.7% | Chipotle Q3 Growth Holds, While Margins and Comps Remain Key Tests |
| MGM MGM Resorts International | FY2026 Q3 · Calendar Q4 2026 | -405.6% | -2.6% | MGM posts solid Q3 as fuel costs pressure leisure demand |
Latest beats and misses
Who reports nextBeat on EPS
- KGCFY2026 Q3 · October 28, 2026+8.7% EPS-6.1% move
- GENFY2027 Q2 · October 28, 2026+2.9% EPS+11.2% move
- KLACFY2027 Q1 · October 28, 2026+2.5% EPS+7.3% move
- SANFY2026 Q3 · October 28, 20260.0% EPS-6.3% move
- FFY2026 Q3 · October 28, 2026+19.5% EPS+1.4% move
- EQIXFY2026 Q3 · October 28, 2026+20.0% EPS+5.4% move
Missed on EPS
- AWKFY2026 Q3 · October 28, 2026-2.0% EPS+1.1% move
- CPFY2026 Q3 · October 28, 2026-3.2% EPS-1.9% move
- LIIFY2026 Q3 · October 28, 2026-7.1% EPS-10.6% move
- EXRFY2026 Q3 · October 27, 2026-1.7% EPS+0.1% move
- NOWFY2026 Q3 · October 28, 2026-2.0% EPS-3.0% move
- CMGFY2026 Q3 · October 28, 2026-7.1% EPS+2.7% move
Get the GPC recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-07-21T16:03:26.904243+00:00
- FN2 earnings calendar · 2026-07-31T01:23:16.182055+00:00
- Polygon adjusted daily market bars · 2026-07-31T06:12:04.277660+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-07-31T06:12:04.274922+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-07-31. For educational purposes only; not investment advice.