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UNBELIEVABLE: Gates industrial corp plc - Caught on Camera

Analysts Cut Price Target For Gates Industrial Post Q4 Results

Analysts lowered the price target for Gates Industrial Corp PLC (NYSE:GTES) post Q4 results. Morgan Stanley analyst Joshua Pokrzywinski lowered the price target to $17 (an upside of 12%) from $18 and maintained an Equal-Weight rating on the shares. Keybanc analyst Jeffrey Hammond reduced the price target to $20 (an upside of 31.7%) from $22 and kept…

Benzinga · Feb 8, 2022

Gates Industrial Q4 Top-Line Misses Street View; Guides FY22 EPS Below Consensus

Gates Industrial Q4 Top-Line Misses Street View; Guides FY22 EPS Below Consensus

Gates Industrial Corp PLC (NYSE:GTES) reported fourth-quarter net sales growth of 2.7% year-over-year to $815.6 million and core revenue growth of 3.4%, missing the consensus of $821.59 million. Adjusted EPS improved to $0.31 from $0.20 in 4Q20, beating the consensus of $0.21. Power Transmission sales $518.8 million (-0.2%Y/Y) and Adjusted EBITDA margin declined…

Benzinga · Feb 7, 2022

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