 Gates(US:GTES) ZACKSยท2025-10-29 14:21
Gates(US:GTES) ZACKSยท2025-10-29 14:21Core Insights - Gates Industrial (GTES) reported quarterly earnings of $0.39 per share, exceeding the Zacks Consensus Estimate of $0.38 per share, and up from $0.33 per share a year ago [1][2] - The company posted revenues of $855.7 million for the quarter ended September 2025, slightly missing the Zacks Consensus Estimate by 0.39%, but up from $830.7 million year-over-year [3] - The stock has gained approximately 25.5% year-to-date, outperforming the S&P 500's gain of 17.2% [4] Earnings Performance - The earnings surprise for the quarter was +2.63%, with the company meeting the expected earnings of $0.39 per share [2] - Over the last four quarters, Gates Industrial has surpassed consensus EPS estimates three times [2] Revenue Analysis - The revenue figure of $855.7 million represents a year-over-year increase of 3.6% from $830.7 million [3] - The company has also topped consensus revenue estimates three times in the last four quarters [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.38, with expected revenues of $865.49 million, and for the current fiscal year, the EPS estimate is $1.51 on revenues of $3.46 billion [8] - The estimate revisions trend for Gates Industrial was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [7] Industry Context - The Manufacturing - General Industrial industry, to which Gates Industrial belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges ahead [9] - The performance of Gates Industrial's stock may be influenced by the overall outlook for the industry [9]
