Gates Industrial Corporation plc (GTES) Tops Q1 EPS by 5c

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Go back to Gates Industrial Corporation plc (GTES) Tops Q1 EPS by 5c

Gates Industrial Reports First-Quarter 2020 Results

May 5, 2020 4:10 PM EDT

DENVER, May 5, 2020 /PRNewswire/ --

First-Quarter 2020 Financial Summary

Net sales down 11.8% year-over-year to $710.1 million, representing a core revenue decline of 10.1%. Net income attributable to shareholders of $35.6 million, or $0.12 per diluted share, compared to prior-year net income attributable to shareholders of $613.7 million, or $2.08 per diluted... More