Gates Industrial Corp Q1 Adj. EPS $0.35 Beats $0.33 Estimate, Sales $851.100M Miss $860.949M Estimate
Gates Industrial Corp (NYSE:GTES) reported quarterly earnings of $0.35 per share which beat the analyst consensus estimate of $0.33 by 6.06 percent. This is a 2.78 percent decrease over earnings of $0.36 per share from the same period last year. The company reported quarterly sales of $851.100 million which missed the analyst consensus estimate of $860.949 million by 1.14 percent. This is a 0.41 percent increase over sales of $847.600 million the same period last year.
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