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GPC Stock Be A Winner As Inflation Hits Auto Repair

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stockbase.com

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alert@stockbase.com

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Fri, May 3, 2024 04:05 PM

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At first glance, there was nothing too remarkable about the Genuine Parts earnings report Sponsored

At first glance, there was nothing too remarkable about the Genuine Parts (NYSE:GPC) earnings report [Link]( Sponsored 3D%3D%3D [Learn more about Jeeng]( [StockBase.com] [GPC Stock Be A Winner As Inflation Hits Auto Repair]( At first glance, there was nothing too remarkable about the Genuine Parts (NYSE:GPC) earnings report. The auto parts company gave a mixed report with earnings per share (EPS) coming in slightly higher than analysts’ expectations and revenue coming in slightly lower. But what investors shouldn’t be too quick to ignore is the year-over-year numbers. The $5.78 billion in revenue was a tick above the same quarter in 2023. And earnings of $2.22 were comfortably higher than the $2.14 it delivered in the 2023 first quarter. [Read The Story >>]( Sponsored 3D%3D%3D [Learn more about Jeeng]( [Live Nation Entertainment Stock: The Best Summer Concert Deal In Town?]( Live Nation (LYV) shares are down around 15% from its 2024 peak, largely due to concerns regarding a new antitrust probe. According to reports from the Wall Street Journal, the U.S. Justice Department is gearing up to file an antitrust lawsuit against the owner of Ticketmaster, Live Nation, citing alleged “anticompetitive” practices. This legal action could potentially be initiated as early as next month. Live Nation has frequently come under public scrutiny for leveraging its dominant position in the live entertainment industry to inflate ticket prices for concerts and other events. In particular, Ticketmaster, a subsidiary of Live Nation, faced backlash in 2022 due to a website malfunction during Taylor Swift’s ‘Eras Tour’ ticket sales... [Read The Story >>]( Sponsored You Might Like [Learn more about Jeeng]( 3D%3D%3D 3D%3D%3D 3D%3D%3D [Link](   StockBase.com 800 N King Street Suite #304 1817 Wilmington, DE 19801 United States You are subscribed to this email as {EMAIL}. Click here to modify your [preferences]( or [unsubscribe](.

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