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

Chart Industries

02/08/2024 14:30

* Chart Industries Inc  GTLS.N  reported quarterly adjusted
earnings of $2.36​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of $1.19.  The mean expectation of
nineteen analysts for the quarter was for earnings of $2.46 per
share. Wall Street expected results to range from $1.66 
to $3.26 per share.
    * Revenue rose 14.6% to $1.04 billion from a year ago;
analysts
expected $1.11 billion. 
    * Chart Industries Inc's reported EPS for the quarter was
$1.10​.
    * The company reported quarterly net income of $51.8
million.
    * Chart Industries Inc shares had risen by 6.6% this
quarter and
gained 12.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 6
"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 $205.00 
This summary was machine generated from LSEG data August 2 at
01:30 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
 Jun. 30 2024      2.46           2.36           Missed
 Mar. 31 2024      1.55           1.49           Missed
 Dec. 31 2023      2.08           2.25           Beat
 Sep. 30 2023      1.61           1.28           Missed