Power transmission and fluid power solutions provider Gates Corporation (NYSE:GTES) will be reporting results tomorrow morning. Here’s what to expect.

Gates Industrial Corporation met analysts’ revenue expectations last quarter, reporting revenues of $830.7 million, down 4.8% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts’ EBITDA estimates but organic revenue in line with analysts’ estimates.

Is Gates Industrial Corporation a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Gates Industrial Corporation’s revenue to decline 4.4% year on year to $825.6 million, a further deceleration from the 3.4% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.33 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Gates Industrial Corporation has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Gates Industrial Corporation’s peers in the engineered components and systems segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Applied Industrial posted flat year-on-year revenue, meeting analysts’ expectations, and RBC Bearings reported revenues up 5.5%, in line with consensus estimates. Applied Industrial traded up 4.9% following the results while RBC Bearings was also up 13.9%.

Read our full analysis of Applied Industrial’s results here and RBC Bearings’s results here.

Investors in the engineered components and systems segment have had steady hands going into earnings, with share prices up 1.7% on average over the last month. Gates Industrial Corporation’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $24.45 (compared to the current share price of $20.67).

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