Gates Industrial Corp: Q1 Earnings Insights

Gates Industrial Corp GTES reported its Q1 earnings results on Wednesday, May 4, 2022 at 08:00 AM.

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

Gates Industrial Corp beat estimated earnings by 18.18%, reporting an EPS of $0.26 versus an estimate of $0.22.

Revenue was up $12.10 million from the same period last year.

Last quarter the company beat on EPS by $0.1 which was followed by a 1.72% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.21	0.31	0.37	0.31
EPS Actual	0.31	0.31	0.42	0.33
Revenue Estimate	821.59M	854.21M	904.95M	863.64M
Revenue Actual	815.60M	862.40M	915.10M	881.30M

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.