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Gates Industrial (GTES) Reports Q2 Earnings: What Key Metrics Have to Say
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Gates Industrial (GTES - Free Report) reported $941.6 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 6.6%. EPS of $0.44 for the same period compares to $0.39 a year ago.
The reported revenue represents a surprise of +2.08% over the Zacks Consensus Estimate of $922.4 million. With the consensus EPS estimate being $0.40, the EPS surprise was +10%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Gates Industrial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Fluid Power: $353.1 million versus the two-analyst average estimate of $347.93 million. The reported number represents a year-over-year change of +5.9%.
Net Sales- Power Transmission: $588.5 million compared to the $574.47 million average estimate based on two analysts. The reported number represents a change of +7% year over year.
Adjusted EBITDA- Fluid Power: $76.6 million versus $77.34 million estimated by two analysts on average.
Adjusted EBITDA- Power Transmission: $134.8 million compared to the $127.39 million average estimate based on two analysts.
Shares of Gates Industrial have returned -3.4% over the past month versus the Zacks S&P 500 composite's -0.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Gates Industrial (GTES) Reports Q2 Earnings: What Key Metrics Have to Say
Gates Industrial (GTES - Free Report) reported $941.6 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 6.6%. EPS of $0.44 for the same period compares to $0.39 a year ago.
The reported revenue represents a surprise of +2.08% over the Zacks Consensus Estimate of $922.4 million. With the consensus EPS estimate being $0.40, the EPS surprise was +10%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Gates Industrial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Gates Industrial here>>>
Shares of Gates Industrial have returned -3.4% over the past month versus the Zacks S&P 500 composite's -0.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.