NYSE$GTES

Gates Industrial Corporation plc · Q2 2019 earnings

Q2 2019 earnings · · Investor relations

Headline financials

Total Revenue

$810M

Previous: $875M-7.5%
EPS (adj)

$0.26

Previous: $0.38-31.6%
Capital Expenditures

-$36.9M

Previous: -$105M+65.0%
Free Cash Flow

-$15.4M

Previous: -$19.8M+22.2%
Net Income

$21.5M

Previous: $85.6M-74.9%
Operating Income

$102M

Previous: $141M-27.7%
Gross Profit

$301M

Previous: $358M-15.7%
Cash & Equivalents

$411M

Previous: $305M+34.7%
Total Assets

$7.43B

Previous: $6.74B+10.3%
Stock-Based Comp

$3.8M

Previous: $1.6M+137.5%

Revenue & EPS history

Gates Industrial · Revenue · Quarterly

$810M

Q2 2019-7.5%vs Q2 2018
Beat estimate in 7 of 10 quarters(70%)
ActualEstimate

Revenue by segment

Gates Industrial · $936M total across 2 segments · Q2 2023

  • Power Transmission
    $574M+5.7%
  • Fluid Power
    $362M-0.4%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2019

Historical avgQ2 2019

-0.2%

Avg return

Earnings day

-0.7%

Avg return

5 days after

-0.1%

Avg return

30 days after

46%

16 / 35 earnings

Positive

+15.5%

Q2 2018

Best reaction

-19.3%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.2%+2.5%+1.2%
Q4 2025+3.8%+3.1%-14.2%
Q3 2025-12.8%-14.3%-11.9%
Q1 2025+5.2%+11.2%+17.6%
Q4 2024+11.8%+7.8%-4.5%
Q3 2024+6.0%+7.5%+21.4%
Q2 2024+0.1%-8.9%+2.4%
Q1 2024-6.6%-6.5%-1.1%
Q4 2023-4.4%-3.7%+22.4%
Q3 2023+1.3%+1.1%+13.2%
Q2 2023-4.1%-11.9%-7.0%
Q1 2023+3.8%+1.5%-8.3%
Q4 2022+5.6%+6.9%+2.6%
Q3 2022+2.3%+1.6%+5.9%
Q2 2022-3.4%-1.5%-13.1%
Q1 2022-0.9%-7.8%-2.6%
Q4 2021+0.0%-2.3%+2.0%
Q3 2021-6.4%-5.4%-10.1%
Q2 2021-4.1%-10.3%-10.7%
Q1 2021-0.6%+1.6%+3.4%
Q3 2020+0.7%+2.0%+8.4%
Q2 2020+8.6%+8.1%+4.0%
Q1 2020+1.9%+10.5%+34.2%
Q4 2019+7.7%+1.3%-22.6%
Q3 2019+8.0%+8.1%+6.2%
Q2 2019-19.3%-19.1%-2.8%
Q1 2019-16.0%-17.4%-30.0%
Q4 2016-1.5%-0.2%-3.3%
Q4 2018+6.7%+5.0%+1.3%
Q3 2017-7.1%+0.3%-4.7%
Q3 2018-0.4%-4.9%-2.1%
Q2 2018+15.5%+15.6%+17.1%
Q1 2017-2.3%-1.6%-3.6%
Q1 2018-3.4%-3.5%-4.4%
Q4 2017-0.6%+0.6%-10.0%
Q2 2017
Q3 2016
Q2 2016
Q1 2016
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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