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Gates Industrial Q4 2023 Earnings Report

Gates Industrial logo
$20.83 +0.21 (+1.02%)
(As of 01:10 PM ET)

Gates Industrial EPS Results

Actual EPS
$0.37
Consensus EPS
$0.27
Beat/Miss
Beat by +$0.10
One Year Ago EPS
N/A

Gates Industrial Revenue Results

Actual Revenue
$863.30 million
Expected Revenue
$892.40 million
Beat/Miss
Missed by -$29.10 million
YoY Revenue Growth
N/A

Gates Industrial Announcement Details

Quarter
Q4 2023
Time
N/A

Conference Call Resources

Conference Call Audio

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Gates Industrial Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
RBC Capital Reaffirms Their Buy Rating on Gates Industrial (GTES)
Barclays Upgrades Gates Industrial (GTES)
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About Gates Industrial

Gates Industrial (NYSE:GTES) Corporation PLC designs and manufactures power transmission equipment. Its products serves harsh and hazardous industries such as agriculture, construction, manufacturing and energy, to everyday consumer applications such as printers, power washers, automatic doors and vacuum cleaners and virtually every form of transportation.

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