DENVER (AP) — DENVER (AP) — Gates Industrial Corp. (GTES) on Thursday reported earnings of $36.6 million in its fourth quarter.
The Denver-based company said it had profit of 14 cents per share. 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 $829.4 million in the period.
For the year, the company reported profit of $194.9 million, or 74 cents per share. Revenue was reported as $3.41 billion.
Gates Industrial expects full-year earnings in the range of $1.36 to $1.52 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
