Gates Industrial Corporation (GTES) Projects 2026 Adjusted EPS of $1.66-$1.72
Gates Industrial Corporation Ltd. reported mid-single-digit core sales growth for the third quarter, aligning with previous company guidance. CEO Ivo Jurek highlighted strong operational performance, noting that adjusted EBITDA margins approached 24% during this period. Looking ahead, the company has provided specific financial targets for 2026, forecasting an adjusted earnings per share (EPS) between $1.66 and $1.72. Additionally, management is aiming for a 6.5% core growth rate in the fourth quarter.