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Gates Industrial Corp Plc (GTES)
NYSE:GTES
Earnings Data
Report Date
May 06, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.33Last Year’s EPS
0.36Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a broadly positive operational and financial picture — record adjusted EBITDA and EPS, strong cash generation, lower leverage, meaningful growth in high-potential verticals (personal mobility and data center), and return of capital to shareholders. However, near-term execution risks temper enthusiasm: ERP implementation and footprint optimization will weigh on Q1 and first-half margins and revenue (including a two-business-day calendar headwind), aftermarket destocking and automotive OEM softness create regional and channel pressures, and some restructuring costs are front-loaded. Management frames 2026 as a cautious, constructive year with structural improvements that underpin confidence in medium-term margin expansion and potential M&A optionality.Company Guidance
Record adjusted EPS and EBITDA
Adjusted EPS of $1.52 for FY2025, up 9% year-over-year and the top end of guidance; company achieved record adjusted EBITDA dollars and near-record adjusted EBITDA margins.
Strong Q4 profitability
Q4 adjusted EBITDA of approximately $188 million and adjusted EBITDA margin of 21.9%, up ~10 basis points year-over-year; Q4 adjusted EPS $0.38, up ~7% year-over-year.
Core sales and revenue growth
Full-year core growth of nearly 1%; Q4 sales were $856 million with total revenues up slightly above 3% (benefited from favorable foreign currency translation).
High-growth end markets — Personal Mobility and Data Center
Personal mobility exceeded 25% core growth in 2025 (28% growth in Q4) and is expected to grow high‑twenties into 2028; data center business grew ~4x vs. 2024 with orders up ~700% year-over-year (sequential orders +350% in Q4), driving a multi-year growth opportunity from a small base.
Strong cash generation and improved leverage
Full-year free cash flow conversion of 92% and Q4 conversion of 238% of adjusted net income; net leverage ratio reduced to 1.85x at year-end 2025 (down ~0.3–0.4 turns year-over-year) and over $800 million of cash on the balance sheet; S&P upgraded rating to BB from BB-.
Capital returns and financial optionality
Returned capital via repurchases (over $100 million repurchased in Q4 — ~$105 million) with ~$194 million remaining authorization; 2026 CapEx budgeted at $120 million and management expects 90%+ free cash flow conversion in 2026.
Constructive 2026 guidance and profitability targets
Initial 2026 guidance: core sales growth of 1%–4%; adjusted EBITDA guidance $775M–$835M (midpoint implies slight margin improvement year-over-year after recognizing transition costs); adjusted EPS guidance $1.52–$1.68 (midpoint ~5% growth) and stated structural initiatives (ERP, footprint optimization) expected to drive medium-term margin expansion (footprint optimization targeted to add ~$10M adjusted EBITDA in H2 2026).
GTES Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GTES Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 12, 2026 | $26.51 | $27.53 | +3.85% |
Oct 29, 2025 | $25.82 | $22.50 | -12.86% |
Jul 30, 2025 | $24.76 | $25.07 | +1.25% |
Apr 30, 2025 | $17.98 | $18.92 | +5.23% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Gates Industrial Corp Plc (GTES) report earnings?
Gates Industrial Corp Plc (GTES) is schdueled to report earning on May 06, 2026, After Close (Confirmed).
What is Gates Industrial Corp Plc (GTES) earnings time?
Gates Industrial Corp Plc (GTES) earnings time is at May 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GTES EPS forecast?
GTES EPS forecast for the fiscal quarter 2026 (Q1) is 0.33.