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GTES

Gates Industrial Corporation Plc

$16.23

Earnings Summary

Revenue
$862.6Mn
Net Profits
$40Mn
Net Profit Margins
4.64%
PE Ratio
18.09

Highlights

Revenue:

Gates Industrial Corporation Plc’s revenue fell -3.91% since last year same period to $862.6Mn in the Q1 2024. On a quarterly growth basis, Gates Industrial Corporation Plc has generated -0.08% fall in its revenue since last 3-months.

Net Profits:

Gates Industrial Corporation Plc’s net profit jumped 51.52% since last year same period to $40Mn in the Q1 2024. On a quarterly growth basis, Gates Industrial Corporation Plc has generated -36.41% fall in its net profits since last 3-months.

Net Profit Margins:

Gates Industrial Corporation Plc’s net profit margin jumped 57.68% since last year same period to 4.64% in the Q1 2024. On a quarterly growth basis, Gates Industrial Corporation Plc has generated -36.36% fall in its net profit margins since last 3-months.

PE Ratio:

Gates Industrial Corporation Plc’s price-to-earnings ratio after this Q1 2024 earnings stands at 18.09.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Gates Industrial Corporation Plc post its latest quarter earnings

EPS Estimate Current Year
0.32

Highlights

EPS Estimate Current Year:

Gates Industrial Corporation Plc’s earning per share (EPS) estimates for the current year stand at 0.32.

Key Ratios

Key ratios of the Gates Industrial Corporation Plc post its Q1 2024 earnings

Earning Per Share (EPS)
0.31
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.08

Highlights

Earning Per Share (EPS):

Gates Industrial Corporation Plc’s earning per share (EPS) jumped 24% since last year same period to 0.31 in the Q1 2024. This indicates that the Gates Industrial Corporation Plc has generated 24% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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.

Earning Per Share (EPS):

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 0.08.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-01
0.32
0.31
-3.13%