GTES Stock Recent News

Gates Industrial (GTES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Gates Industrial (GTES) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Gates Industrial Corporation plc (NYSE:GTES ) Q3 2023 Results Conference Call November 3, 2023 10:00 AM ET Company Participants Rich Kwas - VP, IR Ivo Jurek - CEO Brooks Mallard - CFO Conference Call Participants Andy Kaplowitz - Citi Damian Karas - UBS David Raso - Evercore ISI Deane Dray - RBC Capital Markets Jeff Hammond - KeyBanc Capital Markets Jerry Revich - Goldman Sachs Julian Mitchell - Barclays Operator Ladies and gentlemen, good morning. My name is Abby, and I'll be your conference operator today.

DENVER , Oct. 10, 2023 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) will issue its third-quarter earnings release before the market opens on Friday, November 3, 2023.  Management will host a webcast and conference call on the same day at 10:00 a.m.

Although the revenue and EPS for Gates Industrial (GTES) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

DENVER , July 11, 2023 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) will issue its second-quarter earnings release before the market opens on Friday, August 4, 2023.  Management will host a webcast and conference call on the same day at 10:00 a.m.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

DENVER , April 20, 2023 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES) will issue its first-quarter earnings release before the market opens on Thursday, May 4, 2023. Management will host a webcast and conference call on the same day at 11:30 a.m.

Gates Industrial Corporation has seen a decent amount of volatility in recent years, particularly from a profit and cash flow perspective. Management also seems optimistic about the future, with core sales, profits, and cash flows likely to grow.

Gates beat fourth quarter expectations with 16% organic revenue growth, but weakening end-market demand has management expecting no volume growth in 2023. Supply chain issues hit the company hard in 2022, but margin, free cash flow, and return leverage have been lackluster for some time and need to improve.