Gates Industrial (GTES) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Gates Industrial (GTES) reported $847.6 million in revenue for the quarter ended March 2025, representing a year-over-year decline of 1.7%. EPS of $0.36 for the same period compares to $0.31 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $826.29 million, representing a surprise of +2.58%. The company delivered an EPS surprise of +9.09%, with the consensus EPS estimate being $0.33.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.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: $320.40 million versus the two-analyst average estimate of $321.85 million. The reported number represents a year-over-year change of -2.9%. Net Sales- Power Transmission: $527.20 million versus the two-analyst average estimate of $504.44 million. The reported number represents a year-over-year change of -1.1%. Adjusted EBITDA- Fluid Power: $70.60 million versus the two-analyst average estimate of $72.10 million. Adjusted EBITDA- Power Transmission: $116.70 million compared to the $109.91 million average estimate based on two analysts. View all Key Company Metrics for Gates Industrial here>>>Shares of Gates Industrial have returned -3.2% over the past month versus the Zacks S&P 500 composite's -0.2% 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.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>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 ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks