Genuine Parts sees FY23 EPS $8.80-$8.95, consensus $8.73

Sees FY23 revenue up 4%-6%, consensus $22.71B. "We had an exceptional 2022 which included celebrating our 95th year of operations. We have quickly turned our attention to the year ahead and, while the macro-environment remains uncertain, we are confident in our strategic plans to drive sustained sales and earnings growth, continued margin expansion and strong cash flow. We believe our progress in these key areas, combined with a strong balance sheet, position GPC with the financial strength and flexibility to pursue strategic growth opportunities while also returning capital to shareholders," Donahue concluded.