Chart Industries, Inc. (NASDAQ:GTLS) will be posting its quarterly earnings results before the market opens on Wednesday, October 25th. Analysts expect Chart Industries to post earnings of $0.25 per share for the quarter. Chart Industries has set its FY17 guidance at $0.65-0.80 EPS.
Chart Industries (NASDAQ:GTLS) last announced its quarterly earnings results on Thursday, July 27th. The industrial products company reported $0.21 earnings per share for the quarter, meeting the consensus estimate of $0.21. The firm had revenue of $238.21 million for the quarter, compared to analysts’ expectations of $225.76 million. Chart Industries had a net margin of 1.35% and a return on equity of 3.28%. The company’s revenue was down 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 EPS. On average, analysts expect Chart Industries to post $0.75 EPS for the current fiscal year and $1.41 EPS for the next fiscal year.
Chart Industries, Inc. (NASDAQ:GTLS) opened at 42.82 on Wednesday. The firm has a market cap of $1.32 billion, a PE ratio of 112.98 and a beta of 1.28. Chart Industries, Inc. has a 12 month low of $27.01 and a 12 month high of $43.73. The stock’s 50 day moving average is $37.84 and its 200 day moving average is $35.49.
GTLS has been the topic of a number of analyst reports. Johnson Rice reaffirmed a “buy” rating and set a $48.00 price objective (up previously from $42.00) on shares of Chart Industries in a research note on Monday, October 2nd. Zacks Investment Research lowered Chart Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. Northcoast Research raised Chart Industries from a “neutral” rating to a “buy” rating and set a $51.00 price objective on the stock in a research note on Monday, October 9th. BidaskClub raised Chart Industries from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. Finally, Cowen and Company set a $38.00 price objective on Chart Industries and gave the company a “hold” rating in a research note on Friday, August 4th. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Chart Industries presently has an average rating of “Hold” and a consensus price target of $41.50.
COPYRIGHT VIOLATION WARNING: “Chart Industries, Inc. (GTLS) Set to Announce Earnings on Wednesday” was reported by Ticker Report and is the property of of Ticker Report. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://www.tickerreport.com/banking-finance/2966968/chart-industries-inc-gtls-set-to-announce-earnings-on-wednesday.html.
Chart Industries Company Profile
Chart Industries, Inc is a diversified global manufacturer of engineered equipment, packaged solutions, and value-add services used throughout the industrial gas, energy and biomedical industries. The Company operates through three business segments: Energy & Chemicals (E&C), Distribution & Storage (D&S) and BioMedical.
Receive News & Ratings for Chart Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chart Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.