Gates Industrial (GTES) Projected to Release Earnings on Friday

Gates Industrial (NYSE:GTES) is anticipated to announce its Q2 2026 results before the market opens on Friday, July 31st. Analysts expect the company to post earnings of $0.40 per share and revenue of $925.4410 million for the quarter. Gates Industrial has set its FY 2026 guidance at 1.520-1.680 EPS. Interested persons can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Friday, July 31, 2026 at 10:00 AM ET.

Gates Industrial (NYSE:GTES) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.32 by $0.03. The company had revenue of $851.10 million during the quarter, compared to analyst estimates of $859.72 million. Gates Industrial had a net margin of 7.23% and a return on equity of 10.00%. Gates Industrial’s quarterly revenue was up .4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.36 earnings per share. On average, analysts expect Gates Industrial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Gates Industrial Price Performance

Gates Industrial stock opened at $26.49 on Wednesday. Gates Industrial has a 12-month low of $20.88 and a 12-month high of $29.17. The company has a current ratio of 3.67, a quick ratio of 2.66 and a debt-to-equity ratio of 0.61. The firm has a 50-day moving average price of $26.58 and a 200-day moving average price of $25.33. The firm has a market capitalization of $6.73 billion, a PE ratio of 27.59 and a beta of 1.25.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Gates Industrial in a research report on Monday, June 29th. Barclays dropped their target price on Gates Industrial from $32.00 to $28.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Robert W. Baird cut their target price on Gates Industrial from $39.00 to $37.00 and set an “outperform” rating on the stock in a research note on Monday, May 4th. Wall Street Zen cut Gates Industrial from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Royal Bank Of Canada increased their price target on Gates Industrial from $30.00 to $33.00 and gave the stock an “outperform” rating in a report on Thursday, July 16th. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Gates Industrial has an average rating of “Moderate Buy” and an average target price of $31.36.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in GTES. Los Angeles Capital Management LLC bought a new stake in Gates Industrial during the 4th quarter valued at about $26,000. Transamerica Financial Advisors LLC grew its stake in Gates Industrial by 51.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 1,577 shares of the company’s stock worth $34,000 after acquiring an additional 539 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Gates Industrial by 273.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,911 shares of the company’s stock worth $67,000 after acquiring an additional 2,131 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Gates Industrial by 1,976.9% during the second quarter. EverSource Wealth Advisors LLC now owns 2,970 shares of the company’s stock valued at $68,000 after acquiring an additional 2,827 shares in the last quarter. Finally, Quadrant Capital Group LLC bought a new stake in shares of Gates Industrial during the third quarter valued at approximately $73,000. Hedge funds and other institutional investors own 98.50% of the company’s stock.

Gates Industrial Company Profile

Gates Industrial Corporation PLC (NYSE: GTES) is a leading global manufacturer of engineered power transmission belts and fluid power products. The company’s portfolio includes synchronous belts, V-belts, hose assemblies, fittings and hydraulic components designed to support a wide range of industrial and automotive applications. Gates Industrial serves sectors such as agriculture, mining, construction, manufacturing, transportation and consumer markets, offering solutions that improve performance, reliability and efficiency in demanding operating environments.

In its power transmission segment, Gates Industrial produces high-strength belts engineered for precise motion control and minimal maintenance.