Chart Industries Inc reports results for the quarter ended June 30 - Earnings Summary

• Chart Industries Inc GTLS reported quarterly adjusted earnings of $2.59​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.36. The mean expectation of fifteen analysts for the quarter was for earnings of $2.46 per share. Wall Street expected results to range from $2.16 to $2.89 per share.

• Revenue rose 4% to $1.08 billion from a year ago; analysts expected $1.11 billion.

• Chart Industries Inc's reported EPS for the quarter was $1.53​.

• The company reported quarterly net income of $69.3 million.

• Chart Industries Inc shares had risen by 21.0% this quarter and gained 4.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.6% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 11 "hold" and no "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

• Wall Street's median 12-month price target for Chart Industries Inc is $210.00, about 5.2% above its last closing price of $199.17

This summary was machine generated from LSEG data July 31 at 01:31 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)