Gates Industrial: Q1 Earnings Snapshot
DENVER (AP) _ Gates Industrial Corp. (GTES) on Wednesday reported first-quarter earnings of $30.9 million.
The Denver-based company said it had profit of 10 cents per share. Earnings, adjusted for one-time gains and costs, came to 26 cents per share.
The manufacturer of power transmission and fluid power systems posted revenue of $893.4 million in the period.
Gates Industrial expects full-year earnings in the range of $1.20 to $1.30 per share.