Gates Industrial Corporation plc (GTES)
Gates Industrial (GTES) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Gates Industrial (GTES) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Gates Industrial (GTES) Q1 Earnings and Revenues Surpass Estimates
Gates Industrial (GTES) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.31 per share a year ago.
Gates Industrial (GTES) Surges 15.3%: Is This an Indication of Further Gains?
Gates Industrial (GTES) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Expect Gates Industrial To Continue Outperforming The Market
Gates Industrial shares rose 11.1% since March last year, outperforming the S&P 500's 7.6% gain, despite some weak spots forming. Revenue fell 4.5% from 2023 to 2024, driven by declines in both Power Transmission and Fluid Power segments, yet EBITDA improved. Management's plans for 2025-2026 include revenue growth, margin improvements, and net debt reduction, suggesting potential annualized upside of 20.3% to 31.2%.
Gates Industrial Corporation plc (GTES) Q4 2024 Earnings Call Transcript
Gates Industrial Corporation plc (NYSE:GTES ) Q4 2024 Earnings Conference Call February 6, 2025 11:00 AM ET Company Participants Rich Kwas – Investor Relations Ivo Jurek – Chief Executive Officer Brooks Mallard – Executive Vice President and Chief Financial Officer Conference Call Participants Julian Mitchell – Barclays Deane Dray – RBC Capital Markets Andy Kaplowitz – Citigroup Jeff Hammond – KeyBanc Capital Markets Mike Halloran – Baird Stephen Volkmann – Jefferies Nigel Coe – Wolfe Research Jerry Revich – Goldman Sachs Chris Snyder – Morgan Stanley David Raso – Evercore ISI Operator Good morning, and welcome to Gates Industrial Corporation's Fourth Quarter and Full Year 2024 Earnings Call. All participants are in a listen-only mode.
Gates Industrial (GTES) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Gates Industrial (GTES) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Gates Industrial (GTES) Q4 Earnings and Revenues Surpass Estimates
Gates Industrial (GTES) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.39 per share a year ago.
Has Gates Industrial (GTES) Outpaced Other Industrial Products Stocks This Year?
Here is how Gates Industrial (GTES) and Kornit Digital (KRNT) have performed compared to their sector so far this year.
Gates Industrial: Bullish Sentiment Continuing Due To Strong Momentum And Elevated EPS Growth
We initially doubled down on Gates Industrial Corporation due to growing profitability, improving margins, and a bullish technical pattern, resulting in a 34%+ return. Despite favorable sales mix and cost-saving initiatives, concerns remain about the sustainability of margin expansion in a negative sales environment. Management's significant stock buybacks raise questions about the long-term trajectory of earnings growth and capital efficiency.
Gates Industrial (GTES) Upgraded to Buy: Here's What You Should Know
Gates Industrial (GTES) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
How Should You Play Gates Stock as It Hits a New 52-Week High?
Is GTES' record high a rally to ride or a time to pause? Discover the key factors driving GTES stock momentum amid potential headwinds.
Gates Industrial Corporation plc (GTES) Q3 2024 Earnings Call Transcript
Gates Industrial Corporation plc (NYSE:GTES ) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Rich Kwas - Vice President-Investor Relations Ivo Jurek - Chief Executive Officer Brooks Mallard - Chief Financial Officer Conference Call Participants Jeff Hammond - KeyBanc Nigel Coe - Wolfe Research Damian Karas - UBS Julian Mitchell - Barclays Deane Dray - RBC Mike Halloran - Baird Clay Williams - Goldman Sachs David Raso - Evercore ISI Andrew Kaplowitz - Citi Operator Thank you for standing by. My name is Briana, and I will be your conference operator today.
