Gates Industrial Corporation PLC reports results for the quarter ended June 30 - Earnings Summary

Gates Industrial

31/07/2026 17:33

Gates Industrial Corporation PLC GTES.N reported quarterly adjusted earnings of 44 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 39 cents.  The mean expectation of eleven analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 40 cents to 43 cents per share.
Revenue rose 6.6% to $941.60 million from a year ago; analysts expected $926.64 million. 
Gates Industrial Corporation PLC's reported EPS for the quarter was 67 cents​.
The company reported quarterly net income of $170.9 million.
Gates Industrial Corporation PLC shares had fallen by 7.8% this quarter and gained 20.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 2.1% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is also "buy" 
Wall Street's median 12-month price target for Gates Industrial Corporation PLC is $31.50, about 18.2% above its last closing price of $25.78
This summary was machine generated from LSEG data July 31 at 04:33 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.42
0.44
Beat
Mar. 31 2026 
0.33
0.35
Beat
Dec. 31 2025 
0.37
0.38
Beat
Sep. 30 2025 
0.37
0.39
Beat