Gates Industrial: Q1 Earnings Snapshot

May 4, 2022 GMT

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.


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