Gates Industrial (GTES) Q3 Earnings and Revenues Top Estimates

Gates Industrial (GTES) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.45%. A quarter ago, it was expected that this manufacturer of power transmission and fluid power systems would post earnings of $0.35 per share when it actually produced earnings of $0.36, delivering a surprise ...