Gates Industrial (GTES) Expected to Post Earnings on Friday

Gates Industrial (NYSE:GTES) is expected to post its Q3 2026 results before the market opens on Friday, October 30th. Analysts expect the company to post 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 check 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) last issued its earnings results on Friday, July 31st. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.42 by $0.02. The business had revenue of $941.60 million for the quarter, compared to analysts’ expectations of $927.28 million. During the same quarter in the prior year, the business posted $0.39 earnings per share. The business’s revenue for the quarter was up 6.6% on a year-over-year basis. 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 Price Performance

Shares of NYSE:GTES opened at $26.26 on Wednesday. Gates Industrial has a fifty-two week low of $20.88 and a fifty-two week high of $30.34. The business has a 50-day simple moving average of $26.12 and a two-hundred day simple moving average of $25.71.

Insider Activity

In related news, Director Peifang Zhang sold 6,000 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $29.56, for a total value of $177,360.00. Following the transaction, the director directly owned 44,044 shares of the company’s stock, valued at approximately $1,301,940.64. This trade represents a 11.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

GTES has been the subject of a number of research analyst reports. Citigroup lifted their target price on shares of Gates Industrial from $33.00 to $35.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. JPMorgan Chase & Co. increased 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. Wall Street Zen cut Gates Industrial from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 10th. Wells Fargo & Company raised their price target on Gates Industrial from $26.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Monday, August 3rd. Finally, DA Davidson assumed coverage on Gates Industrial in a report on Tuesday, September 1st. They issued a “neutral” rating and a $29.00 price objective for the company. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $32.45.

About Gates Industrial

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.