Genuine Parts quarterly earnings rise 13 percent


CHICAGO, Feb 21 (Reuters) - Genuine Parts Co. , a distributor of automotive and industrial replacement parts, on Tuesday said quarterly earnings rose 13.2 percent, supported by strength in its industrial products segment. Net income rose to $109 million, or 63 cents per share, in the fourth quarter, from $96.3 million, or 55 cents per share, a year earlier. Sales rose 6.9 percent to $2.41 billion, the Atlanta-based company said. Analysts on average expected Genuine Parts to earn 62 cents ...

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