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Stock impact report

Gates Industrial Corporation plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now [Yahoo! Finance]

Gates Industrial Corporation plc Ordinary Shares (GTES) 
Last gates industrial corporation plc ordinary shares earnings: 2/4 04:10 pm Check Earnings Report
US:NYSE Investor Relations: gates.com/about-us/investor-relations
Company Research Source: Yahoo! Finance
It looks like a pretty bad result, all things considered. Although revenues of US$863m were in line with analyst predictions, statutory earnings fell badly short, missing estimates by 31% to hit US$0.15 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. View our latest analysis for Gates Industrial Following last week's earnings report, Gates Industrial's eight analysts are forecasting 2024 revenues to be US$3.53b, approximately in line with the last 12 months. Per-share earnings are expected to increase 2.7% to US$0.97. Before this earnings report, the analysts had been forecasting revenues of US$3.57b and earnings per share (EPS) of US$1.04 in 2024. The analysts seem to have become a Show less Read more
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