Gates Industrial (GTES) Tops Q2 Earnings Estimates

Ahead of this earnings release, the estimate revisions trend for Gates Industrial: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. This engineering, construction and operations company is ...