Gates Industrial: Q2 Earnings Snapshot
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DENVER (AP) — DENVER (AP) — Gates Industrial Corp. (GTES) on Friday reported earnings of $64.9 million in its second quarter.
On a per-share basis, the Denver-based company said it had net income of 23 cents. Earnings, adjusted for one-time gains and costs, came to 36 cents per share.
The manufacturer of power transmission and fluid power systems posted revenue of $936.3 million in the period.
Gates Industrial expects full-year earnings in the range of $1.18 to $1.24 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
