On May, 1. Investors expect Gates Industrial Corporation plc (NYSE:GTES) to report its quarterly earnings, as reported by Faxor. Analysts forecast 16.00 % diference or $0.29 from the $0.25 EPS from 2018. If $0.29 is reported, GTES’s profit will reach $84.07 million for 13.59 P/E. -19.44 % negative EPS growth is what Wall Street’s predicts after $0.36 reported EPS last quarter. GTES hit $15.76 during the last trading session after $1.42 change.Gates Industrial Corporation plc is downtrending after having declined 6.64% since April 2, 2018. GTES has 612,160 volume or 83.22% up from normal. GTES underperformed by 11.01% the S&P500.

Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide.The company has $4.57 billion market cap. The Company’s power transmission products include synchronous belts, V-belts, CVT belts, or micro-V belts, as well as related components, including sprockets, pulleys, water pumps, tensioners, or other accessories.18.81 is the P/E ratio. The company's power transmission product applications comprise stationary drives, mobile drives, engine systems, personal mobility products, and vertical lifts.

For more Gates Industrial Corporation plc (NYSE:GTES) news brought out recently go to: Seekingalpha.com, Benzinga.com, , Prnewswire.com or Seekingalpha.com. The titles are as follows: “Gates Industrial’s (GTES) CEO Ivo Jurek on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” brought out on November 01, 2018, “Earnings Scheduled For February 12, 2019 – Benzinga” on February 12, 2019, “Fast Growth For This Fintech ETF – Yahoo Finance” with a publish date: March 13, 2019, “Gates Industrial to Host First Investor Day – PRNewswire” and the last “Gates Industrial (GTES) CEO Ivo Jurek on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: February 12, 2019.