Gates Industrial Corp Q4 Earnings Assessment

Gates Industrial Corp GTES just disclosed its Q4 earnings on Thursday, February 6, 2025 at 08:00 AM.

Here's a brief overview of the earnings report.

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.

Earnings History Overview

In the previous quarter, the company beat on EPS by $0.02, resulting in a 0.0% increase change in the share price the following 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.