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Gates Industrial (GTES) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended September 2026, Gates Industrial (GTES - Free Report) reported revenue of $903.6 million, up 5.6% over the same period last year. EPS came in at $0.47, compared to $0.39 in the year-ago quarter.
The reported revenue represents a surprise of -0.03% over the Zacks Consensus Estimate of $903.91 million. With the consensus EPS estimate being $0.45, the EPS surprise was +4.44%.
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: $343.5 million versus $341.12 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.5% change.
Net Sales- Power Transmission: $560.1 million versus $562.4 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +5% change.
Adjusted EBITDA- Fluid Power: $78.3 million versus the three-analyst average estimate of $81.03 million.
Adjusted EBITDA- Power Transmission: $137.1 million versus $132.93 million estimated by three analysts on average.
Shares of Gates Industrial have returned -0.9% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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Gates Industrial (GTES) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended September 2026, Gates Industrial (GTES - Free Report) reported revenue of $903.6 million, up 5.6% over the same period last year. EPS came in at $0.47, compared to $0.39 in the year-ago quarter.
The reported revenue represents a surprise of -0.03% over the Zacks Consensus Estimate of $903.91 million. With the consensus EPS estimate being $0.45, the EPS surprise was +4.44%.
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 -0.9% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.