Earnings Breakdown: Gates Industrial Corp Q4

The Q4 earnings report for Gates Industrial Corp GTES was released on Thursday, February 6, 2025 at 08:00 AM.

Here's what investors need to know about the latest announcement.

Earnings

Gates Industrial Corp beat estimated earnings by 9.0%, reporting an EPS of $0.36 versus an estimate of $0.33.

Revenue was down $33.90 million from the same period last year.

Previous Earnings Records

The company beat on EPS by $0.02 in the previous quarter, leading to a 0.0% increase share price change the next day.

Here's a look at Gates Industrial Corp's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Gates Industrial Corp management provided guidance for FY 2025, expecting earnings between $1.36 and $1.52 per share.

To track all earnings releases for Gates Industrial Corp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.