Chart Industries Inc reports results for the quarter ended in December - Earnings Summary

Chart Industries

28/02/2024 16:58

* Chart Industries Inc  GTLS.N  reported quarterly adjusted
earnings of $2.25​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of $1.60.  The mean expectation of
seventeen analysts for the quarter was for earnings of $2.08 per
share. Wall Street expected results to range from $1.74 
to $2.30 per share.
    * Revenue rose 130% to $1.02 billion from a year ago;
analysts
expected $1.09 billion. 
    * Chart Industries Inc's reported EPS for the quarter was 92
cents​.
    * The company reported quarterly net income of $43 million.
    * Chart Industries Inc shares had fallen by 3.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Chart Industries
Inc is $198.50 
This summary was machine generated from LSEG data February 28 at
04:58 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      2.08           2.25           Beat
 Sep. 30 2023      1.61           1.28           Missed
 Jun. 30 2023      0.93           1.19           Beat
 Mar. 31 2023      0.51           1.41           Beat