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

$17.72
+0.27 (+1.55%)
(As of 04/26/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 1
Before Market Opens
Confirmed
Actual EPS
(Feb. 8)
$0.37 Beat By $0.10
Consensus EPS
(Feb. 8)
$0.27
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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.

Gates Industrial Analyst EPS Estimates

Current Year EPS Consensus Estimate:$1.32 EPS
Next Year EPS Consensus Estimate: $1.57 EPS

GTES Earnings Date and Information

Gates Industrial last released its quarterly earnings results on February 8th, 2024. The reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.10. The business earned $863.30 million during the quarter, compared to analyst estimates of $892.40 million. Gates Industrial has generated $0.85 earnings per share over the last year ($0.85 diluted earnings per share) and currently has a price-to-earnings ratio of 20.8. Earnings for Gates Industrial are expected to grow by 18.94% in the coming year, from $1.32 to $1.57 per share. Gates Industrial has confirmed that its next quarterly earnings report will be published on Wednesday, May 1st, 2024. Gates Industrial will be holding an earnings conference call on Wednesday, May 1st 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

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/1/2024
Confirmed)
-------  
2/8/2024Q4 2023$0.27$0.37+$0.10$0.50$892.40 million$863.30 million
11/3/2023Q3 2023$0.29$0.34+$0.05$0.39$883.50 million$872.90 million
8/4/2023Q2 2023$0.28$0.34+$0.06$0.45$935.63 million$936.30 million
5/4/2023Q1 2023$0.22$0.23+$0.01$0.37$907.10 million$897.70 million
2/9/2023Q4 2022$0.19$0.23+$0.04$0.16$863.96 million$893.30 million
11/4/2022Q3 2022$0.25$0.29+$0.04$0.40$896.37 million$860.70 million      
8/5/2022Q2 2022$0.20$0.31+$0.11$0.43$918.39 million$906.80 million    
5/4/2022Q1 2022$0.22$0.20($0.02)$0.30$867.69 million$893.40 million    
2/7/2022Q4 2021$0.20$0.31+$0.11$0.41$815.72 million$815.60 million    
11/7/2021Q3 2021$0.31$0.31-$0.39$855.45 million$862.40 million    
8/8/2021Q2 2021$0.37$0.42+$0.05$0.51$907.86 million$915.10 million    
5/9/2021Q1 2021$0.31$0.33+$0.02$0.43$830.97 million$881.30 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, May 1st, 2024. Learn more on GTES's earnings history.

Did Gates Industrial beat their earnings estimates last quarter?

In the previous quarter, Gates Industrial (NYSE:GTES) reported $0.37 earnings per share (EPS) to beat the analysts' consensus estimate of $0.27 by $0.10. 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 $0.85 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 20.85 and a forward price-to-earnings ratio of 13.42.

What is Gates Industrial's EPS forecast for next year?

Gates Industrial's earnings are expected to grow from $1.32 per share to $1.57 per share in the next year, which is a 18.94% increase.


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This page (NYSE:GTES) was last updated on 4/27/2024 by MarketBeat.com Staff

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