Gates Industrial (GTES) Earnings Date, Estimates & Call Transcripts

$17.84

+0.44 (+2.53%)

(As of 07/26/2024 ET)

Upcoming Earnings Date: Jul. 31
Before Market Opens
Confirmed
Actual EPS (May. 1): $0.29 Beat By $0.01
Consensus EPS (May. 1): $0.28

GTES Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

GTES Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

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Gates Industrial Analyst EPS Estimates

Current Year EPS Consensus Estimate:$1.27 EPS
Next Year EPS Consensus Estimate: $1.52 EPS

GTES Earnings Date and Information

Gates Industrial last issued its earnings data on May 1st, 2024. The reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.01. The firm had revenue of $862.60 million for the quarter, compared to analyst estimates of $866 million. Gates Industrial has generated $0.91 earnings per share over the last year ($0.91 diluted earnings per share) and currently has a price-to-earnings ratio of 19.6. Earnings for Gates Industrial are expected to grow by 19.69% in the coming year, from $1.27 to $1.52 per share. Gates Industrial has confirmed that its next quarterly earnings report will be published on Wednesday, July 31st, 2024. Gates Industrial will be holding an earnings conference call on Wednesday, July 31st at 10:00 AM Eastern. Interested parties can register for or listen to the call. or dial in at 647-362-9199 with passcode "5772067".

Gates Industrial Earnings History by Quarter

Time Frame

Start Date

End Date

Export to Excel

Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
7/31/2024 (Confirmed)	-	-	-	-	-	-	-
5/1/2024	Q1 2024	$0.28	$0.29	+$0.01	$0.43	$866.00 million	$862.60 million
2/8/2024	Q4 2023	$0.27	$0.37	+$0.10	$0.50	$892.40 million	$863.30 million
11/3/2023	Q3 2023	$0.29	$0.34	+$0.05	$0.39	$883.50 million	$872.90 million
8/4/2023	Q2 2023	$0.28	$0.34	+$0.06	$0.45	$935.63 million	$936.30 million
5/4/2023	Q1 2023	$0.22	$0.23	+$0.01	$0.37	$907.10 million	$897.70 million
2/9/2023	Q4 2022	$0.19	$0.23	+$0.04	$0.16	$863.96 million	$893.30 million
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11/4/2022	Q3 2022	$0.25	$0.29	+$0.04	$0.40	$896.37 million	$860.70 million
8/5/2022	Q2 2022	$0.20	$0.31	+$0.11	$0.43	$918.39 million	$906.80 million
5/4/2022	Q1 2022	$0.22	$0.20	($0.02)	$0.30	$867.69 million	$893.40 million
2/7/2022	Q4 2021	$0.20	$0.31	+$0.11	$0.41	$815.72 million	$815.60 million
11/7/2021	Q3 2021	$0.31	$0.31	-	$0.39	$855.45 million	$862.40 million
8/8/2021	Q2 2021	$0.37	$0.42	+$0.05	$0.51	$907.86 million	$915.10 million
5/9/2021	Q1 2021	$0.31	$0.33	+$0.02	$0.43	$830.97 million	$881.30 million
2/7/2021	Q4 2020	$0.19	$0.20	+$0.01	$0.32	$722.59 million	$794.30 million
11/3/2020	Q3 2020	$0.17	$0.26	+$0.09	$0.38	$679.08 million	$712.20 million
8/4/2020	Q2 2020	($0.04)	$0.03	+$0.07	$0.14	$567.66 million	$576.50 million
5/5/2020	Q1 2020	$0.16	$0.21	+$0.05	$0.30	$711.28 million	$710.10 million
2/4/2020	Q4 2019	$0.18	$0.19	+$0.01	$0.29	$720.00 million	$725.70 million
11/5/2019	Q3 2019	$0.16	$0.22	+$0.06	$0.30	$747.15 million	$746.60 million
8/6/2019	Q2 2019	$0.27	$0.26	($0.01)	$0.43	$846.93 million	$809.90 million

Gates Industrial Earnings - Frequently Asked Questions

When is Gates Industrial's earnings date?: Gates Industrial has confirmed that its next quarterly earnings data will be published on Wednesday, July 31st, 2024. Learn more on GTES's earnings history.
What guidance has Gates Industrial issued on next quarter's earnings?: Gates Industrial issued an update on its FY24 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of $1.28-1.43 for the period, compared to the consensus estimate of $1.42. The company issued revenue guidance of (3%) to 1% to $3.46-3.61 billion, compared to the consensus revenue estimate of $3.57 billion.
Did Gates Industrial beat their earnings estimates last quarter?: In the previous quarter, Gates Industrial (NYSE:GTES) reported $0.29 earnings per share (EPS) to beat the analysts' consensus estimate of $0.28 by $0.01. Learn more on analysts' earnings estimate vs. GTES's actual earnings.
How much revenue does Gates Industrial generate each year?: Gates Industrial (NYSE:GTES) has a recorded annual revenue of $3.57 billion.
How much profit does Gates Industrial generate each year?: Gates Industrial (NYSE:GTES) has a recorded net income of $232.90 million. GTES has generated $0.91 earnings per share over the last four quarters.
What is Gates Industrial's price-to-earnings ratio?: Gates Industrial (NYSE:GTES) has a trailing price-to-earnings ratio of 19.60 and a forward price-to-earnings ratio of 14.05.
What is Gates Industrial's EPS forecast for next year?: Gates Industrial's earnings are expected to grow from $1.27 per share to $1.52 per share in the next year, which is a 19.69% increase.