Earnings Summary

Gates Industrial Corporation Plc’s revenue jumped 3.25% since last year same period to $936.3Mn in the Q2 2023. On a quarterly growth basis, Gates Industrial Corporation Plc has generated 4.33% jump in its revenue since last 3-months.

Gates Industrial Corporation Plc’s net profit jumped 22.22% since last year same period to $64.9Mn in the Q2 2023. On a quarterly growth basis, Gates Industrial Corporation Plc has generated 145.83% jump in its net profits since last 3-months.

Gates Industrial Corporation Plc’s net profit margin jumped 18.37% since last year same period to 6.93% in the Q2 2023. On a quarterly growth basis, Gates Industrial Corporation Plc has generated 135.62% jump in its net profit margins since last 3-months.

Gates Industrial Corporation Plc’s earning per share (EPS) estimates for the current quarter stand at 0.23 - a -25.81% fall from last quarter’s estimates.

Gates Industrial Corporation Plc’s earning per share (EPS) estimates for the current year stand at 0.23.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Gates Industrial Corporation Plc’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Gates Industrial Corporation Plc’s return on equity (ROE) stands at 0.07.