ATLANTA (AP) — ATLANTA (AP) — Genuine Parts Co. (GPC) on Thursday reported fourth-quarter earnings of $316.9 million.

On a per-share basis, the Atlanta-based company said it had net income of $2.26.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.20 per share.

The auto and industrial parts distributor posted revenue of $5.59 billion in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $5.63 billion.

For the year, the company reported profit of $1.32 billion, or $9.33 per share. Revenue was reported as $23.09 billion.

Genuine Parts expects full-year earnings in the range of $9.70 to $9.90 per share.

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