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Gates Industrial: Q2 Earnings Snapshot
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DENVER (AP) — DENVER (AP) — Gates Industrial Corp. (GTES) on Friday reported earnings of $170.9 million in its second quarter.

The Denver-based company said it had profit of 67 cents per share. Earnings, adjusted for one-time gains and costs, were 44 cents per share.

The manufacturer of power transmission and fluid power systems posted revenue of $941.6 million in the period.

Gates Industrial expects full-year earnings in the range of $1.62 to $1.70 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GTES at https://www.zacks.com/ap/GTES

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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