Compared to Estimates, Gates Industrial (GTES) Q3 Earnings: A Look at Key Metrics

For the quarter ended September 2024, Gates Industrial (GTES) reported revenue of $830.7 million, down 4.8% over the same period last year. EPS came in at$ 0.33, compared to $0.35 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of$ 821.46 million, representing a surprise of +1.13%. The company delivered an EPS surprise of +6.45%, with the consensus EPS estimate being $0.31.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...