Gates Industrial posts record Q3 margins and raises full‑year EPS outlook
Gates Industrial reported third‑quarter 2026 adjusted earnings of $0.47 per share on revenue of $903.6 million, with sales up 5.5% year‑over‑year. Adjusted EBITDA reached $215.4 million, delivering a 23.8% margin. Management lifted its full‑year adjusted EPS guidance to a range of $1.66‑$1.72 and highlighted continued industrial demand, personal‑mobility growth and strategic investments.
Why it matters
The higher EPS guidance suggests stronger profitability for the remainder of 2026, which may support the stock’s valuation. Investors should note the record EBITDA margin and the company’s plan to invest in growth areas, which could affect cash flow and capital allocation.
Key facts
- 1Adjusted earnings per share were $0.47. investing.com
- 2Revenue was $903.6 million. investing.com
- 3Full‑year adjusted EPS guidance was raised to $1.66‑$1.72. investing.com
- 4Adjusted EBITDA was $215.4 million. finance.yahoo.com
- 5Adjusted EBITDA margin was 23.8%. finance.yahoo.com
- 6Operating margin was 14.5%, up from 13.5% a year earlier. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.