Gates Industrial

Q2 FY2026 EarningsQ2 FY2026 results exceeded consensus across all key profitability metrics, despite a slight miss on the top line. Adjusted EPS of $0.44 beat the $0.416 mean estimate by 5.8%, and Adjusted EBITDA margin reached 22.5%, roughly 70 bps above implicit expectations. While revenue of $941.6M was slightly below the $945M high-end consensus, a core sales increase of 4.9% and a significant upward revision to FY2026 guidance (Adjusted EPS raised to $1.62-$1.70) signal strengthening industrial demand and operational efficiency.