** Shares of industrial machinery firm Gates Industrial GTES.N up 9.75% at $22.78; highest since December 5
** Company reports Q4 sales of $829.4 million, above analysts' average estimate of $828 million, according to data compiled by LSEG
** GTES also reports Q4 adj. profit of $0.36 per share, above analysts' average estimate of $0.33 per share
** Company expects FY25 adj. profit of $1.36 to $1.52 per share
** Shares rose ~53.28% in 2024
(Reporting by Megha Kumari in Bengaluru)
((Megha.Kumari@thomsonreuters.com;))
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