- Price
- $29.84
- Day
- +1.58%
- Mkt Cap
- $7.58B
- 52W Range
- $20.88 – $30.34
- Volume
- 2.45M
- Beta
- 1.25
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Gates Industrial Corporation PLC (NYSE:GTES) on Friday reported better-than-expected second-quarter financial results and raised its FY26 guidance.
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Edgestream Partners L.P. lessened its position in shares of Gates Industrial Corporation PLC (NYSE: GTES) by 51.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 111,123 shares of the company's stock after selling 118,254 shares during the quarter. Edgestream Partners
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Gates Industrial Corporation Ltd. (GTES) Q2 2026 Earnings Call Transcript
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Gates Industrial NYSE: GTES reported record quarterly sales and adjusted earnings per share for the second quarter of 2026, citing improving industrial demand, growth in strategic initiatives and stronger performance across most end markets.
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DENVER, July 31, 2026 /PRNewswire/ -- Second-Quarter 2026 Financial Summary Second-quarter net sales of $941.6 million, up 6.6% compared to the prior-year period, including a core sales increase of 4.9%. Net income attributable to shareholders of $170.9 million, or $0.67 per diluted share.
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Gates Industrial (GTES) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.4 per share. This compares to earnings of $0.39 per share a year ago.
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Although the revenue and EPS for Gates Industrial (GTES) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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Arrowstreet Capital Limited Partnership lifted its position in Gates Industrial Corporation PLC (NYSE: GTES) by 62.8% during the undefined quarter, according to its most recent disclosure with the SEC. The fund owned 2,251,585 shares of the company's stock after purchasing an additional 868,734 shares during the period. Arrowstreet Capital Limited Partnership owned about
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Gates Industrial (NYSE: GTES - Get Free Report) will likely be announcing its Q2 2026 results before the market opens on Friday, July 31st. Analysts expect Gates Industrial to post earnings of $0.40 per share and revenue of $925.4410 million for the quarter. Gates Industrial has set its FY 2026 guidance at 1.520-1.680 EPS. Individuals are
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