Gates Industrial (GTES) Set to Post Earnings on Friday

Key Points

• Gates Industrial is scheduled to report Q3 2026 earnings before the market opens Friday, October 30. Analysts expect $0.44 in EPS and $904.77 million in revenue; the company’s full-year EPS guidance is $1.62–$1.70.
• The company’s previous quarter exceeded expectations, with EPS of $0.44 versus $0.42 expected and revenue of $941.6 million, up 6.6% year over year.
• Wall Street maintains a generally positive view, with nine Buy ratings and three Holds and a consensus price target of $32.45, compared with the stock’s recent price of $25.02.

Gates Industrial (NYSE:GTES - Get Free Report) is expected to release its Q3 2026 results before the market opens on Friday, October 30th. Analysts expect the company to post earnings of $0.4399 per share and revenue of $904.77 million for the quarter. Gates Industrial has set its FY 2026 guidance at 1.620-1.700 EPS. Parties can check the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Friday, October 30, 2026 at 10:00 AM ET.

Gates Industrial (NYSE:GTES - Get Free Report) last issued its earnings results on Friday, July 31st. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.42 by $0.02. Gates Industrial had a return on equity of 10.11% and a net margin of 10.37%. The company had revenue of $941.60 million during the quarter, compared to the consensus estimate of $927.28 million. During the same period last year, the business posted $0.39 EPS. The firm's revenue for the quarter was up 6.6% compared to the same quarter last year. On average, analysts expect Gates Industrial to post $1.58 EPS for the current fiscal year and $1.80 EPS for the next fiscal year.

Gates Industrial Stock Performance

Shares of Gates Industrial stock opened at $25.02 on Friday. Gates Industrial has a one year low of $20.88 and a one year high of $30.34. The firm has a market capitalization of $6.33 billion, a price-to-earnings ratio of 17.74 and a beta of 1.28. The business has a 50-day simple moving average of $26.23 and a 200 day simple moving average of $26.28. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.24 and a quick ratio of 2.36.

Insider Buying and Selling at Gates Industrial

In other Gates Industrial news, Director Peifang Zhang sold 6,000 shares of the firm's stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $29.56, for a total value of $177,360.00. Following the transaction, the director directly owned 44,044 shares of the company's stock, valued at approximately $1,301,940.64. This trade represents a 11.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.80% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Wall Street Zen lowered Gates Industrial from a "strong-buy" rating to a "buy" rating in a report on Saturday, October 10th. Wolfe Research reissued an "outperform" rating and issued a $33.00 price objective on shares of Gates Industrial in a research note on Thursday, July 9th. DA Davidson assumed coverage on Gates Industrial in a report on Tuesday, September 1st. They set a "neutral" rating and a $29.00 price objective for the company. Robert W. Baird boosted their price objective on Gates Industrial from $37.00 to $39.00 and gave the company an "outperform" rating in a report on Monday, August 3rd. Finally, JPMorgan Chase & Co. upped their target price on Gates Industrial from $32.00 to $34.00 and gave the stock an "overweight" rating in a research report on Monday, August 3rd. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $32.45.

About Gates Industrial

Gates Industrial Corporation plc NYSE: GTES is a manufacturer of engineered power transmission and fluid power products. The company develops solutions designed to transfer power, control motion, and manage the flow of fluids in industrial and mobile applications.

Its product portfolio includes synchronous and V-belts, belt drives, hoses, hydraulic assemblies, couplings, tensioners, pulleys, and related components. Gates serves original equipment manufacturers, distributors, and aftermarket customers across industries such as automotive, agriculture, construction, energy, manufacturing, and general industrial equipment.

The company traces its roots to the Gates Rubber Company, founded in 1911 in Denver, Colorado.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.