Chart Industries Inc reports results for the quarter ended March 31 - Earnings Summary

• Chart Industries Inc GTLS.N reported quarterly adjusted earnings of $1.86​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.49. The mean expectation of eighteen analysts for the quarter was for earnings of $1.84 per share. Wall Street expected results to range from $1.12 to $2.39 per share.

• Revenue rose 5.3% to $1.00 billion from a year ago; analysts expected $1.01 billion.

• Chart Industries Inc's reported EPS for the quarter was 99 cents​.

• The company reported quarterly net income of $49.5 million.

• Chart Industries Inc shares had fallen by 6.5% this quarter and lost 29.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 16.7% in the last three months.​

• In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 4 "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 $212.00

This summary was machine generated from LSEG data May 1 at 01:32 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)