GTES Stock Recent News

Gates Industrial (GTES) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.25 per share a year ago.

DENVER , April 10, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES) will issue its first-quarter earnings release before the market opens on Wednesday, May 1, 2024. Management will host a webcast and conference call on the same day at 10:00 a.m.

Gates Industrial stock was downgraded to a 'Hold' rating due to uncertainty and bearish forward-looking EPS revisions last November. The company's Q4 earnings report showed a significant improvement in gross margin, adjusted EBITDA, and free cash flow trends. The positive momentum is expected to continue into fiscal 2024, with promising signs from enterprise initiatives and strong earnings growth potential.

Gates Corp. (GTES) is a manufacturer of power transmission belts and fluid power products. CEO Ivo Jurek joins Nicole Petallides to give an overview of the company.

DENVER , Feb. 14, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced that Ivo Jurek, Chief Executive Officer, will participate in fireside chats at the following upcoming investor conferences: The Citi Global Industrial Tech and Mobility Conference on Tuesday, February 20, 2024 at 4:20 p.m. Eastern time.

Gates Industrial Corporation plc (GTES) Q4 2023 Earnings Call Transcript

DENVER , Jan. 25, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) today announced that it has changed the time of its Fourth-Quarter 2023 webcast and conference call from 10 a.m. Eastern time to 9 a.m.

DENVER , Jan. 10, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) will issue its fourth-quarter earnings release before the market opens on Thursday, February 8, 2024. Management will host a webcast and conference call on the same day at 10:00 a.m.

Gates Industrial (GTES) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Gates Industrial Corp.'s stock GTES, +0.57% was down nearly 7.7% in premarket trading on Friday after the power transmission manufacturer said it priced a previously-announced secondary offering of 15 million shares. The sellers are stockholders affiliated with Blackstone Inc. BX, +1.56%.