GTES

DENVER, July 6, 2026 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES) will issue its Second-quarter earnings release before the market opens on Friday, July 31, 2026. Management will host a webcast and conference call on the same day at 10:00 a.m. Eastern time to discuss Gates Industrial's financial results. The conference call can be accessed as follows: By dialing (888) 414-4601 (domestic) or +1 (646) 960-0313 (international) and requesting the Gates Industrial Corporation Second-Quarter 2026 Earnings Conference Call or providing the Conference ID of 5772067. Live webcast accessed through Gates Industrial's website at investors.gates.com. An audio replay of the conference call will be available from approximately 1:00 p.m. Eastern time on July 31, 2026, until 11:59 p.m. Eastern time on August 7, 2026, and can be accessed domestically or internationally by dialing (800) 770-2030 or +1 (647) 362-9199, respectively, and providing the passcode 5772067, or by accessing Gates Industrial's website at investors.gates.com. About Gates Industrial Corporation plc Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse aftermarket channel customers, and to OEMs as specified components. Gates participates in many sectors of the industrial and consumer markets. Our products play essential roles in a diverse range of applications across a wide variety of end markets ranging from harsh and hazardous industries to everyday consumer applications, including virtually every form of transportation. Our products are sold in more than 130 countries across our three commercial regions: the Americas; Europe, Middle East & Africa; Asia-Pacific. View original content to download multimedia:https://www.prnewswire.com/news-releases/gates-industrial-announces-second-quarter-2026-earnings-release-date-302818724.html

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Gates Industrial (GTES) recently posted Q1 results with revenue flat year on year and both revenue and adjusted operating income below analyst expectations. This performance is putting the stock under closer scrutiny for many investors. See our latest analysis for Gates Industrial. Despite the Q1 miss, the stock has kept some positive momentum, with a 90 day share price return of 7.58% and a 3 year total shareholder return of 104.95%, indicating investors have been rewarded over the longer term. If you are weighing Gates Industrial against other industrial and infrastructure plays, it can help to scan for companies exposed to similar long term spending themes such as grid upgrades and electrification using the 34 power grid technology and infrastructure stocks With Gates Industrial trading at $26.11, carrying a value score of 5 and a quoted 22.7% intrinsic discount, the key question is simple: is this an underappreciated industrial, or is the market already pricing in future growth? At $26.11 a share versus a narrative fair value of $31.08, Gates Industrial is framed as undervalued, with that gap tied to specific growth and margin assumptions. Read the complete narrative. The fair value story here leans on steady revenue expansion, higher profit margins, and a richer earnings base supported by mix shift rather than a one off spike. Want to see how those pieces fit together. Result: Fair Value of $31.08 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, those expectations could be knocked off course if weakness in industrial and automotive end markets persists, or if tariffs and trade tensions begin to have a greater impact on costs. Find out about the key risks to this Gates Industrial narrative. Given the mix of optimism and caution so far, it makes sense to move quickly and compare the positives and risks for yourself. To see exactly which potential upsides the market is watching, review the 4 key rewards If Gates Industrial has caught your attention, do not stop there. Broaden your watchlist now so you are not relying on just one story. Target potential mispricings by scanning companies that combine quality fundamentals with attractiv...

Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Gates Industrial Corporation (NYSE:GTES) and its peers. Engineered components and systems companies possess technical know-how in sometimes narrow areas such as metal forming or intelligent robotics. Lately, automation and connected equipment collecting analyzable data have been trending, creating new demand. On the other hand, like the broader industrials sector, engineered components and systems companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies’ offerings. The 12 engineered components and systems stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 3.8% while next quarter’s revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 9.9% on average since the latest earnings results. Helping create one of the most memorable moments for the iconic “Jurassic Park” film, Gates (NYSE:GTES) offers power transmission and fluid transfer equipment for various industries. Gates Industrial Corporation reported revenues of $851.1 million, flat year on year. This print fell short of analysts’ expectations by 1.3%. Overall, it was a slower quarter for the company with a significant miss of analysts’ adjusted operating income and revenue estimates. Ivo Jurek, Gates Industrial's Chief Executive Officer, commented, "We executed well in the first quarter, successfully implementing a new enterprise resource planning system in Europe and continuing to invest in strategic process and growth initiatives. We exited the quarter with solid order rates and our book to bill was nicely above 1. Our cash from operating activities increased compared to the prior year period and our balance sheet is well positioned to support our strategic objectives." Gates Industrial Corporation delivered the slowest revenue growth of the whole group. Interestingly, the stock is up 2% since reporting and currently trades at $26.11. Read our full report on Gates Industrial Corporation here, it’s free. Founded as a single retail store, Arrow Electronics (NYSE:ARW) provides electronic components and enterprise computing solutions to businesses globally. Arrow E...

Gates Industrial Corporation’s first quarter was marked by operational disruptions tied to the rollout of a new enterprise resource planning (ERP) system in Europe, which led to temporary sales and margin pressure. While overall sales were flat year over year and missed Wall Street’s revenue expectations, management attributed much of the variance to the ERP transition and fewer working days. CEO Ivo Jurek noted that “our Europe team successfully implemented a new ERP system” and that the business stabilized by the end of the quarter, though with higher-than-normal operating costs. Management emphasized that demand trends improved as the quarter progressed, particularly in core industrial markets. Is now the time to buy GTES? Find out in our full research report (it’s free). Revenue: $851.1 million vs analyst estimates of $862.7 million (flat year on year, 1.3% miss) Adjusted EPS: $0.35 vs analyst estimates of $0.33 (6.5% beat) Adjusted EBITDA: $177.4 million vs analyst estimates of $177.9 million (20.8% margin, in line) Management reiterated its full-year Adjusted EPS guidance of $1.60 at the midpoint EBITDA guidance for the full year is $805 million at the midpoint, in line with analyst expectations Operating Margin: 12.9%, down from 14.7% in the same quarter last year Organic Revenue fell 2.9% year on year (miss) Market Capitalization: $6.60 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Michael Halloran (Baird): Asked about confidence in sustaining growth after the ERP transition. CEO Ivo Jurek emphasized recovering lost sales, with order trends supporting the annual outlook. David Tarantino (KeyBanc): Inquired about margin headwinds and price/cost dynamics amid rising input costs. CFO Brooks Mallard detailed that most margin pressure was temporary and related to ERP and footprint projects, with confidence in pricing for inflation. Nigel Coe (Wolfe Research): Queried the potential for recovering delayed European sales and the industrial OEM recovery. Jurek explained that lost sales were quickly regained in April and highlighted improved trends in heavy industry and construction. Andrew Kaplowitz (Citigr...

Gates said Q1 results tracked expectations but were weighed down by a Europe ERP rollout and two fewer working days — a roughly 600 basis point headwind to core sales; Q1 sales were $851 million (core -2.9%), adjusted EBITDA $177 million (20.8% margin) and adjusted EPS $0.35. Order trends improved into March and April with core sales excluding ERP/working-day impacts up about 300 basis points and a book-to-bill “solidly above 1,” and management said an estimated $5 million ERP-related shortfall in Q1 was recovered in April. Gates reiterated full-year 2026 guidance and guided Q2 revenue of $905–$945 million (midpoint core growth ~3.5%), expects ERP “hypercare” costs to fade with margins improving toward ~23.5% in H2, and announced a tuck-in acquisition of Timken’s industrial belt business (close expected in Q3) while highlighting a stronger balance sheet (net leverage 1.9x, FCF conversion ~101%, Moody’s upgrade to Baa2). Interested in Gates Industrial Corporation PLC? Here are five stocks we like better. Gates Industrial (NYSE:GTES) executives said the company’s first-quarter results tracked management’s expectations as the company worked through a major Europe ERP implementation and the impact of two fewer working days, while describing improving order trends into March and April and reiterating full-year 2026 guidance. CEO Ivo Jurek said the company “executed well on our business priorities during the first quarter, navigating successfully through a fair level of business transition,” pointing to the Europe team’s rollout of a new ERP system. Jurek said Europe stabilized as the quarter progressed, with revenues in March “on par with prior year pre-ERP implementation” but with “still somewhat above normal operating costs.” → Corning Beats Q1 Estimates but Drops 9% on Guidance Miss For the quarter, Gates reported sales of $851 million, which Jurek said represented a 2.9% core sales decrease year over year. He said the European ERP transition and fewer working days combined were an approximately 600 basis points headwind to core sales. Adjusted EBITDA was $177 million, producing an Adjusted EBITDA margin of 20.8%, down 130 basis points year over year. Adjusted gross margin was 40.5%, down about 20 basis points, and adjusted EPS was $0.35. Jurek said the fewer working days and the ERP transition combined to represent a $0.07 headwind to adjusted EPS. CFO Brooks...

This article first appeared on GuruFocus. Revenue: $851 million, representing a core sales decrease of 2.9%. Adjusted EBITDA: $177 million, with an adjusted EBITDA margin of 20.8%, down 130 basis points year-over-year. Adjusted Gross Margin: 40.5%, down approximately 20 basis points. Adjusted Earnings Per Share (EPS): $0.35, with a $0.07 headwind from ERP transition and fewer working days. Power Transmission Segment Revenue: $533 million, a decrease of approximately 2.5% on a core basis. Fluid Power Segment Revenue: $318 million, with a core sales decrease of approximately 3.5%. Free Cash Flow Conversion: Approximately 101% over the last 12 months. Net Leverage: 1.9x, an improvement of approximately 0.4 turns compared to the first quarter of 2025. Credit Rating Upgrade: Moody's upgraded to Ba2 from Ba3. APAC Region Growth: Almost 4% growth, driven by industrial OEM and auto aftermarket. EMEA Core Sales Decline: Approximately 8.5% year-over-year. Americas Core Sales Decline: Approximately 2.6% in the first quarter. Warning! GuruFocus has detected 5 Warning Signs with CWST. Is GTES fairly valued? Test your thesis with our free DCF calculator. Release Date: May 01, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Gates Industrial Corp PLC (NYSE:GTES) successfully implemented a new ERP system in Europe, leading to improved efficiency rates as the quarter progressed. The company experienced a positive inflection in industrial OEM orders, indicating strong demand trends. Gates Industrial Corp PLC (NYSE:GTES) achieved a book-to-bill ratio solidly above 1, suggesting strong future sales prospects. The company maintained a strong balance sheet with net leverage at 1.9x, an improvement from the previous year. Gates Industrial Corp PLC (NYSE:GTES) announced a strategic acquisition of Timken's Industrial Belt business, expected to enhance growth in North America. Core sales decreased by 2.9% in the first quarter, impacted by ERP transition inefficiencies and fewer working days. Adjusted EBITDA margin declined by 130 basis points year-over-year, primarily due to ERP transition inefficiencies. The European ERP transition led to a build-up of past-due backlog, affecting sales recovery. The Fluid Power segment experienced a core sales decrease of approximately 3.5%, influenced by ERP transition and fewer working days....

Image source: The Motley Fool. Friday, May 1, 2026 at 10 a.m. ET Chief Executive Officer — Ivo Jurek Chief Financial Officer — L. Brooks Mallard Vice President, Investor Relations — Richard Kwas Need a quote from a Motley Fool analyst? Email [email protected] Ivo Jurek; be followed by Brooks Mallard, our CFO. Before the market opened today, we published our first quarter results. A copy of the release is available on our website at investors.gates.com. Our call this morning is being webcast and is accompanied by a slide presentation. On this call, we will refer to certain non-GAAP financial measures that we believe are useful in evaluating our performance. Reconciliations of historical non-GAAP financial measures are included in our earnings release and the slide presentation, each of which is available in the Investor Relations section of our website. Please refer now to Slide 2 of the presentation, which provides a reminder that our remarks will include forward-looking statements within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks that could cause actual results to be materially different from those expressed in or implied by such forward-looking statements. These risks include, among others, matters that we have described in our most recent annual report on Form 10-K and in other filings we make with the SEC, including our annual report on Form 10-K that was filed in February 2026. We disclaim any obligation to update these forward-looking statements. We'll be attending several conferences over the coming weeks and look forward to meeting with many of you. And before we start, please note all comparisons are against the prior year period unless stated otherwise. Now I'll turn the call over to Ivo. Ivo Jurek: Thank you, Rich, and good morning, everyone. We appreciate your participation on our call today. I will start on Slide 3 with a brief recap of the first quarter. Our team executed well on our business priorities during the first quarter, navigating successfully through firm level of business transition. In particular, our Europe team successfully implemented a new ERP system and achieved higher efficiency rates as the quarter progressed. Exiting the quarter, our Europe business has stabilized, was delivering revenues on par with prior pre-ERP implementation periods, although with still so...

Management successfully executed a 'big bang' ERP implementation covering 24% of company revenues in Europe, which caused temporary distribution inefficiencies and a build-up of past-due backlog. Core sales growth was negatively impacted by approximately 600 basis points due to the European ERP transition and two fewer working days compared to the prior year. Industrial OEM orders showed a positive inflection and gained momentum throughout the quarter, particularly in North American on-highway and construction end markets. The Fluid Power segment saw strong double-digit growth in APAC, while Power Transmission benefited from accelerating order trends in Personal Mobility and agricultural markets. Data center revenue grew approximately 700% from a low base, driven by increasing penetration of liquid cooling infrastructure and specialized technology partnerships. Management attributed the slight EBITDA margin decline to temporary hypercare costs in Europe and ongoing footprint optimization projects rather than underlying business weakness. Full-year 2026 financial guidance remains unchanged, assuming the recovery of delayed Q1 sales and continued momentum in industrial OEM orders. Management expects to achieve an adjusted EBITDA margin approaching 23.5% in the second half of the year as ERP hypercare costs subside and footprint optimization savings materialize. The acquisition of Timken's Industrial Belt business is expected to close in Q3 and is projected to add approximately $5 million in monthly revenue. and providing significant margin expansion opportunities. Guidance assumes a return to normalized mid-20s growth rates in Personal Mobility starting in Q2 as delayed projects ramp up. The company maintains a target of $100 million to $200 million in data center revenue by 2028, supported by the transition of liquid cooling from an emerging to a mainstream application. The Timken Industrial Belt acquisition represents the company's first deal as a public entity, characterized as a 'middle of the fairway' industry consolidation. Section 232 tariff revisions are expected to have no material financial impact as most company products are classified under automotive categories. Management is monitoring potential escalation in the Middle East as a risk factor that could impact oil-derivative input costs like resins, polymers, and compounds. Net leverage improved t...

For the quarter ended March 2026, Gates Industrial (GTES) reported revenue of $851.1 million, up 0.4% over the same period last year. EPS came in at $0.35, compared to $0.36 in the year-ago quarter. The reported revenue represents a surprise of -1.24% over the Zacks Consensus Estimate of $861.74 million. With the consensus EPS estimate being $0.32, the EPS surprise was +9.38%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Gates Industrial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Fluid Power: $317.9 million versus the two-analyst average estimate of $324.16 million. The reported number represents a year-over-year change of -0.8%. Net Sales- Power Transmission: $533.2 million versus the two-analyst average estimate of $537.59 million. The reported number represents a year-over-year change of +1.1%. Adjusted EBITDA- Fluid Power: $65.4 million compared to the $66.45 million average estimate based on two analysts. Adjusted EBITDA- Power Transmission: $112 million versus the two-analyst average estimate of $111.2 million. View all Key Company Metrics for Gates Industrial here>>> Shares of Gates Industrial have returned +16.2% over the past month versus the Zacks S&P 500 composite's +10.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Gates Industrial Corporation PLC (GTES) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Standex International (SXI) came out with quarterly earnings of $2.21 per share, missing the Zacks Consensus Estimate of $2.22 per share. This compares to earnings of $1.95 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -0.27%. A quarter ago, it was expected that this equipment manufacturing company would post earnings of $2 per share when it actually produced earnings of $2.08, delivering a surprise of +4%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Standex, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $224.6 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.23%. This compares to year-ago revenues of $207.78 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Standex shares have added about 16.5% since the beginning of the year versus the S&P 500's gain of 4.2%. While Standex has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Standex was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1...

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.3% and the actively trad

Gates Industrial (GTES) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +9.38%. A quarter ago, it was expected that this manufacturer of power transmission and fluid power systems would post earnings of $0.37 per share when it actually produced earnings of $0.38, delivering a surprise of +2.7%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Gates Industrial, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $851.1 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 1.24%. This compares to year-ago revenues of $847.6 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Gates Industrial shares have added about 19.3% since the beginning of the year versus the S&P 500's gain of 5.3%. While Gates Industrial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Gates Industrial was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in th...