SPY423.11+2.25 0.53%
DIA339.45+0.67 0.20%
IXIC14,253.27+111.79 0.79%

BRIEF-Gates Industrial Posts Q1 Adjusted Earnings Per Share $0.33

05/10/2021 08:15
BRIEF-Gates Industrial Posts Q1 Adjusted Earnings Per Share $0.33

- Gates Industrial Corporation PLC GTES.N:

  • GATES INDUSTRIAL REPORTS FIRST-QUARTER 2021 RESULTS

  • Q1 ADJUSTED EARNINGS PER SHARE $0.33

  • Q1 EARNINGS PER SHARE $0.23

  • Q1 EARNINGS PER SHARE ESTIMATE $0.31 -- REFINITIV IBES DATA

  • Q1 SALES $881.3 MILLION VERSUS REFINITIV IBES ESTIMATE OF $863.6 MILLION

  • 2021 CORE REVENUE GROWTH IS NOW EXPECTED TO BE 18%-21%

  • SEES 2021 CAPITAL EXPENDITURES OF $90 MILLION-$110 MILLION

Source text for Eikon: ID:nPn5KpwgMa

Further company coverage: GTES.N


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