- Gates Industrial press release ( NYSE: GTES ): Q4 Non-GAAP EPS of $0.25 beats by $0.02 .
- Revenue of $893.3M (+9.5% Y/Y) beats by $44.17M .
- Shares +1.9% PM.
- In 2023, the Company expects its core revenue to grow in a range of 1% to 5%.
- Adjusted EBITDA is anticipated to be in a range of $700 million to $750 million. At the midpoint, the Company estimates Adjusted EBITDA to increase approximately 7%.
- Adjusted Earnings per Share is expected to be between $1.13 and $1.23.
- The Company anticipates capital expenditures to approximate $100 million and its Free Cash Flow conversion to measure approximately 100%.
For further details see:
Gates Industrial Non-GAAP EPS of $0.25 beats by $0.02, revenue of $893.3M beats by $44.17M