Genuine Parts Reports Q4 EPs of $0.75 vs. $0.70

Genuine Parts Company GPC reports fourth quarter results. Sales increased 14% to $2.81 billion in the fourth quarter ended December 31, 2010, compared to $2.47 billion for the same period in 2009. Diluted earnings per share in the fourth quarter were 75 cents, up 21% compared to 62 cents per share for the fourth quarter of 2009.