Brokerages expect that Chart Industries, Inc. (NASDAQ:GTLS – Get Rating) will post sales of $352.10 million for the current quarter, Zacks reports. Three analysts have provided estimates for Chart Industries’ earnings, with estimates ranging from $343.60 million to $358.00 million. Chart Industries posted sales of $288.50 million during the same quarter last year, which suggests a positive year over year growth rate of 22%. The firm is scheduled to announce its next quarterly earnings results before the market opens on Monday, January 1st.
According to Zacks, analysts expect that Chart Industries will report full year sales of $1.78 billion for the current financial year, with estimates ranging from $1.75 billion to $1.82 billion. For the next fiscal year, analysts anticipate that the firm will report sales of $2.14 billion, with estimates ranging from $2.02 billion to $2.33 billion. Zacks’ sales calculations are an average based on a survey of research firms that cover Chart Industries.
Separately, StockNews.com raised shares of Chart Industries to a “sell” rating in a report on Monday, March 28th.
About Chart Industries (Get Rating)
Chart Industries, Inc manufactures and sells engineered equipment for the energy and industrial gas industries worldwide. The company operates through four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing. It provides bulk and packaged gas cryogenic solutions for the storage, distribution, vaporization, and application of industrial gases; cryogenic trailers, ISO containers, bulk storage tanks, loading facilities, and regasification equipment for delivering liquefied natural gas (LNG) into virtual pipeline applications; and large vacuum insulated storage tanks as equipment for purchasers of standard liquefaction plants.
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