Chart Industries (GTLS) Releases Earnings Results, Misses Expectations By $-0.11 EPS

Chart Industries (GTLS) reported quarterly earnings results on Thursday, Apr-28-2016. The company reported $-0.08 earnings per share for the quarter, missing the analyst consensus estimate by $-0.11. Analysts had a consensus of $0.03. The company posted revenue of $193.80 million in the period, compared to analysts expectations of $216.64 million. The company’s revenue was down -20.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 EPS.

Many Wall Street Analysts have commented on Chart Industries. Company shares were Upgraded by Lake Street on Apr 29, 2016 to ” Buy”, Firm has raised the Price Target to $ 34 from a previous price target of $19 .

Chart Industries closed down -0.21 points or -0.85% at $24.6 with 4,12,448 shares getting traded on Wednesday. Post opening the session at $24.79, the shares hit an intraday low of $24.53 and an intraday high of $24.98 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Nov 4, 2015, Terrence J Keating (director) purchased 1,000 shares at $18.92 per share price.

Chart Industries Inc. (Chart) is a diversified manufacturer of engineered equipment engineered equipment for the industrial gas energy and biomedical industries. The Company’s equipment and engineered systems are used for low-temperature and cryogenic applications. It operates through three segments: Energy & Chemicals (E&C) Distribution & Storage (D&S) and BioMedical. Its products include vacuum insulated containment vessels heat exchangers cold boxes and other cryogenic components. Its E&C and D&S segments manufacture products used in energy-related and industrial applications such as the separation liquefaction distribution and storage of hydrocarbon and industrial gases. Through its BioMedical segment it supplies cryogenic and other equipment used in the medical biological research and animal breeding industries. The Company through Thermax Inc. provides cryogenic fluid vaporizers utilized in industrial gas petro-chemical and liquefied natural gas applications.

Chart Industries

Leave a Reply

Chart Industries - Is it time to Sell?

Top Brokerage Firms are advising their investors on Chart Industries. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.