Gates Industrial Reports Third-Quarter 2019 Results

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Go back to Gates Industrial Reports Third-Quarter 2019 Results

Gates Industrial Corp. (GTES) PT Raised to $13 at RBC Capital

November 6, 2019 1:04 PM EST

RBC Capital analyst Deane Dray raised the price target on Gates Industrial Corp. (NYSE: GTES) to $13.00 (from $10.00) while maintaining a Sector Perform rating following Q3.

"While still facing challenging end markets in 3Q19, Sector Perform-rated Gates saw pockets of stabilization in the... More

Gates Industrial Corporation plc (GTES) Tops Q3 EPS by 6c

November 5, 2019 4:44 PM EST

Gates Industrial Corporation plc (NYSE: GTES) reported Q3 EPS of $0.22, $0.06 better than the analyst estimate of $0.16. Revenue for the quarter came in at $746.6 million versus the consensus estimate of $744.27 million.

2019 Outlook:

The Company is maintaining its full-year 2019 outlook,... More