Chart Industries (NASDAQ:GTLS) updated its FY 2018 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $1.90-2.00 for the period, compared to the Thomson Reuters consensus estimate of $1.90. The company issued revenue guidance of $1.06-1.1 billion, compared to the consensus revenue estimate of $1.22 billion.Chart Industries also updated its FY 2019 guidance to $2.40-2.75 EPS.

A number of research firms have recently issued reports on GTLS. Zacks Investment Research lowered shares of Chart Industries from a buy rating to a hold rating in a research report on Thursday, October 4th. BidaskClub lowered shares of Chart Industries from a buy rating to a hold rating in a research report on Tuesday, October 9th. Finally, Northcoast Research reissued a buy rating and issued a $91.00 price target on shares of Chart Industries in a research report on Friday, July 20th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. Chart Industries has an average rating of Hold and an average target price of $75.20.

NASDAQ:GTLS traded up $3.69 during mid-day trading on Thursday, reaching $71.20. The stock had a trading volume of 7,651 shares, compared to its average volume of 331,073. Chart Industries has a fifty-two week low of $41.32 and a fifty-two week high of $80.31. The company has a market capitalization of $2.43 billion, a P/E ratio of 70.56, a P/E/G ratio of 1.34 and a beta of 1.04. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.09 and a current ratio of 1.68.

Chart Industries (NASDAQ:GTLS) last released its quarterly earnings data on Thursday, July 19th. The industrial products company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.10. Chart Industries had a return on equity of 6.45% and a net margin of 4.04%. The firm had revenue of $319.90 million for the quarter, compared to the consensus estimate of $299.54 million. During the same quarter in the prior year, the company posted $0.21 earnings per share. The firm’s revenue was up 34.3% on a year-over-year basis. As a group, sell-side analysts forecast that Chart Industries will post 2.03 earnings per share for the current fiscal year.

About Chart Industries

Chart Industries, Inc manufactures and sells engineered equipment, packaged solutions, and value-add services for the industrial gas, energy, and biomedical industries worldwide. It operates in three segments: Energy & Chemicals (E&C), Distribution & Storage (D&S), and BioMedical. The E&C segment primarily provides brazed aluminum heat exchangers, Core-in-Kettle heat exchangers, air cooled heat exchangers, cold boxes, and process systems, as well as axial cooling fans for power, heating, ventilation, air conditioning, and refining end user applications.

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Earnings History and Estimates for Chart Industries (NASDAQ:GTLS)

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