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What Does Wall Street See for Genuine Parts's Q1?

Wednesday - 4/17/2013, 2:00am  ET

Genuine Parts is expected to report Q1 earnings on April 19. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Genuine Parts's revenues will grow 3.3% and EPS will grow 5.4%.

The average estimate for revenue is $3.29 billion. On the bottom line, the average EPS estimate is $0.98.

Revenue details
Last quarter, Genuine Parts booked revenue of $3.12 billion. GAAP reported sales were 3.5% higher than the prior-year quarter's $3.01 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $1.03. GAAP EPS of $1.03 for Q4 were 20% higher than the prior-year quarter's $0.86 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 29.2%, 40 basis points worse than the prior-year quarter. Operating margin was 7.7%, 70 basis points better than the prior-year quarter. Net margin was 5.1%, 60 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $14.29 billion. The average EPS estimate is $4.48.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 340 members out of 362 rating the stock outperform, and 22 members rating it underperform. Among 139 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 132 give Genuine Parts a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Genuine Parts is hold, with an average price target of $65.67.

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This article was originally published as What Does Wall Street See for Genuine Parts's Q1?on Fool.com

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