Gates Industrial (GTES) Expected to Release Quarterly Earnings on Friday

Posted by Francis Steltz on Oct 29th, 2026

Gates Industrial (NYSE:GTES – Get Free Report) will likely be announcing its Q3 2026 results before the market opens on Friday, October 30th. Analysts expect the company to announce earnings of $0.4399 per share and revenue of $904.77 million for the quarter. Gates Industrial has set its FY 2026 guidance at 1.620-1.700 EPS. Parties can find conference call details on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Friday, October 30, 2026 at 10:00 AM ET.

Gates Industrial (NYSE:GTES – Get Free Report) last announced its earnings results on Friday, July 31st. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.02. Gates Industrial had a net margin of 10.37% and a return on equity of 10.11%. The business had revenue of $941.60 million during the quarter, compared to the consensus estimate of $927.28 million. During the same period in the prior year, the firm earned $0.39 earnings per share. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. On average, analysts expect Gates Industrial to post $1.58 EPS for the current fiscal year and $1.80 EPS for the next fiscal year.

Gates Industrial Trading Up 0.1%

NYSE:GTES opened at $25.87 on Thursday. The company has a quick ratio of 2.36, a current ratio of 3.24 and a debt-to-equity ratio of 0.58. The business’s 50 day moving average is $26.10 and its two-hundred day moving average is $25.73. Gates Industrial has a 52 week low of $20.88 and a 52 week high of $30.34. The company has a market cap of $6.55 billion, a PE ratio of 18.35 and a beta of 1.28.

Insider Buying and Selling at Gates Industrial

In related news, Director Peifang Zhang sold 6,000 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $29.56, for a total transaction of $177,360.00. Following the completion of the sale, the director directly owned 44,044 shares of the company’s stock, valued at $1,301,940.64. This represents a 11.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.80% of the company’s stock.

Wall Street Analysts Forecast Growth

GTES has been the subject of several analyst reports. Wolfe Research reissued an “outperform” rating and set a $33.00 price target on shares of Gates Industrial in a report on Thursday, July 9th. DA Davidson assumed coverage on shares of Gates Industrial in a research report on Tuesday, September 1st. They issued a “neutral” rating and a $29.00 target price for the company. Citigroup raised their price target on shares of Gates Industrial from $33.00 to $35.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. lifted their price target on Gates Industrial from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Finally, Robert W. Baird boosted their price objective on Gates Industrial from $37.00 to $39.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $32.45.

Check Out Our Latest Analysis on GTES

Gates Industrial Company Profile

(Get Free Report)

Gates Industrial Corporation plc (NYSE: GTES) is a manufacturer of engineered power transmission and fluid power products. The company develops solutions designed to transfer power, control motion, and manage the flow of fluids in industrial and mobile applications.

Its product portfolio includes synchronous and V-belts, belt drives, hoses, hydraulic assemblies, couplings, tensioners, pulleys, and related components. Gates serves original equipment manufacturers, distributors, and aftermarket customers across industries such as automotive, agriculture, construction, energy, manufacturing, and general industrial equipment.

The company traces its roots to the Gates Rubber Company, founded in 1911 in Denver, Colorado.