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Genuine Parts Co. beats Q4 revenue forecasts, raises dividend, but slightly misses EPS estimates.
Genuine Parts Co. reported a 3.3% rise in Q4 revenue to $5.77 billion, beating analysts' expectations.
However, the EPS of $1.61 slightly missed forecasts.
The company's board approved a 3% increase in its quarterly dividend to $1.03 per share.
Genuine Parts anticipates 2025 EPS of $7.75 to $8.25 and revenue growth of 2 to 4 percent.
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Genuine Parts Co. supera las previsiones de ingresos del Q4, aumenta los dividendos, pero falla ligeramente las estimaciones del EPS.