{"url":"https://newsforagent.com/news/2026-10-29/gates-industrial-earnings-friday","markdown_url":"https://newsforagent.com/news/2026-10-29/gates-industrial-earnings-friday.md","title":"Gates Industrial Earnings Due Friday","headline":"Gates Industrial to Report Earnings Friday After Beating Revenue Estimates Last Quarter","description":"Gates Industrial reports earnings Friday after a $941.6 million quarter, with analysts expecting 5.7% revenue growth and an average price target of $33.25.","section":"Earnings & Results","published_at":"2026-10-29T03:28:10+00:00","modified_at":"2026-10-29T03:28:10+00:00","author":"News Desk","key_takeaways":["Gates Industrial reports earnings Friday before market hours, after revenue of $941.6 million last quarter, up 6.6% year on year.","Analysts expect revenue growth of 5.7% this quarter, up from 3% in the same quarter last year.","Gates Industrial completed its acquisition of The Timken Company's belts business on October 6, 2026."],"companies":[{"name":"Gates Industrial","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0003zwl/gates-industrial","website":"http://www.gates.com"}],"source":{"publisher":"FinancialContent Business Page","title":"Gates Industrial Corporation earnings: what to look for from GTES","url":"https://www.financialcontent.com/article/stockstory-2026-10-29-gates-industrial-corporation-earnings-what-to-look-for-from-gtes"},"other_sources":[],"tags":["Earnings & Results","Gates Industrial"],"body_markdown":"[Gates Industrial](https://akta.pro/company-profiles/0003zwl/gates-industrial) Corporation will report earnings Friday before market hours, after beating analysts' revenue expectations last quarter with $941.6 million, up 6.6% year on year, according to the [FinancialContent Business Page](https://www.financialcontent.com/article/stockstory-2026-10-29-gates-industrial-corporation-earnings-what-to-look-for-from-gtes). Gates Industrial is a global manufacturer of power transmission belts and fluid power products serving industrial and automotive OEMs, aftermarket distributors, data center operators and bicycle and powersports manufacturers across more than 130 countries.\n\n## Gates Industrial's Last Quarter and the Friday Report\n\nThe last quarter brought an impressive beat of analysts' organic revenue estimates and a solid beat of analysts' EBITDA estimates, the report said. For this quarter, the market expects revenue to grow 5.7% year on year, improving from the 3% increase recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Gates Industrial has missed Wall Street's revenue estimates multiple times over the last two years.\n\nAmong peers in the engineered components and systems segment, NN delivered year-on-year revenue growth of 26.2%, beating analysts' expectations by 11%, and Worthington reported revenues up 13.2%, topping estimates by 4.1%. Worthington traded up 1.3% following the results.\n\n## Gates Industrial's Record Profitability and Bermuda Move\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Gates Industrial reported full-year 2025 net sales of $3,443.2 million, up 1.0% year over year, and full-year 2025 adjusted EBITDA of $770.1 million at a 22.4% margin, which the records describe as record profitability exiting 2025. Q4 2025 net sales were $856.2 million, up 3.2% year over year, and Q1 2026 adjusted EBITDA was $177.4 million at a 20.8% margin. Shareholders approved a redomiciliation from England and Wales to Bermuda with approximately 99.6% of votes cast in favor at meetings held on June 25, 2026, effective July 20, 2026.\n\n## Gates Industrial's Timken Belts Deal and LRB-100 Launch\n\nGates Industrial completed its acquisition of The Timken Company's belts business, adding manufacturing capacity and customer relationships across North American power transmission markets, Pulse 2.0 reported on October 6, 2026. On October 13, 2026, Stock Titan reported that Gates launched IntraLogix LRB-100, a live roller belt for conveyor systems in warehouses and distribution centers, as part of its warehouse automation portfolio. Wall Street Zen downgraded Gates Industrial from strong-buy to buy, with analysts holding an average price target of $32.45, MarketBeat reported on October 10, 2026.\n\n## Gates Industrial's Friday Earnings Release\n\nGates Industrial is set to release Q3 2026 earnings on Friday, October 30, 2026, American Banking and Market News reported, with analysts expecting EPS of $0.4399 and revenue of $904.77 million. The company's FY 2026 guidance is 1.620-1.700 EPS.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}