Genuine Parts slide after trimming top end of FY profit outlook

** Genuine Parts GPC.N shares fall more than 6% to $121.94 after Q3 results

** The auto parts distributor narrows its FY adjusted EPS forecast to $7.50-$7.75 from $7.50-$8.00

** New outlook is below Street estimate of $7.78, according to LSEG data

** Co also cuts FY GAAP EPS outlook to $5.60-$5.85 from $5.90-$6.40

** Q3 adjusted EPS of $2.07 beats analysts' estimate of $2.05

** Q3 net sales of $6.52 bln are in line with Street estimates

** Q3 net income is $224.4 mln vs $226.2 mln a year earlier

** CEO Will Stengel says separation into GPC and Motion, unveiled in February, remains on track for Q1 2027

** As of last close, stock has risen 5.87% YTD