Gates Industrial Corp (NYSE:GTES) reported its Q4 earnings results on Monday, February 7, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Gates Industrial Corp beat estimated earnings by 47.62%, reporting an EPS of $0.31 versus an estimate of $0.21, which surprised analysts.
Revenue was up $21.40 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 0.82% drop in the share price the next day.
Here's a look at Gates Industrial Corp's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.31 | 0.37 | 0.31 | 0.19 |
| EPS Actual | 0.31 | 0.42 | 0.33 | 0.20 |
| Revenue Estimate | 854.21M | 904.95M | 863.64M | 725.94M |
| Revenue Actual | 862.40M | 915.10M | 881.30M | 794.20M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
