Gates Industrial Corp: Q4 Earnings Insights

Gates Industrial Corp GTES reported its Q4 earnings results on Monday, February 7, 2022 at 08:00 AM.

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

Gates Industrial Corp beat estimated earnings by 47.62%, reporting an EPS of $0.31 versus an estimate of $0.21, which surprised analysts.

Revenue was up $21.40 million from the same period last year.

Last quarter the company missed on EPS by $0.0, which was followed by a 0.82% drop in the share price the next day.

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

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.31	0.37	0.31	0.19
EPS Actual	0.31	0.42	0.33	0.20
Revenue Estimate	854.21M	904.95M	863.64M	725.94M
Revenue Actual	862.40M	915.10M	881.30M	794.20M

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

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