Gates Industrial Corporation plc (GTES) Tops Q1 EPS by 3c

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Gates Industrial Reports Record First-Quarter 2018 Results

May 2, 2018 4:10 PM EDT

DENVER, May 2, 2018 /PRNewswire/ -- 

First-Quarter 2018 Highlights

Net sales of $852.0 million, a quarterly record and increase of 16.7% year-over-year Net income attributable to shareholders of $24.2 million, or $0.09 per diluted share, compared to prior-year quarter net income attributable to shareholders of $18.8 million, or $0.08 per diluted share Adjusted Net Income of $71.6 million, or $0.25 per diluted share, an increase of 35.8% per diluted share compared to the prior-year... More