Gates Industrial beats estimates and raises 2026 guidance; shares advance
Gates Industrial reported Q2 adjusted EPS of $0.44, beating estimates of $0.41, with revenue of $941.6 million versus $926.1 million expected. It raised FY2026 adj EPS guidance to $1.62–$1.70 and lifted sales guidance to $3.519–$3.587 billion. CEO Ivo Jurek cited record sales and improving order momentum, signaling stronger industrial demand and a solid earnings trajectory.
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