Preview Of Chart Industries, Inc. (GTLS) 2Q20 Earnings

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Chart Industries, Inc. (NASDAQ:GTLS) is expected to report second quarter earnings results, before market open, on Thursday 23rd July 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.39 per share.

Looking ahead, the full year income are expected at $ 2.44 per share on the revenues of $ 1280.26 million.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 1,645.00 million ~ $ 1,710.00 million, where as bottomline are predicted in a range of $ 4.90 ~ $ 5.50 per share

Click Here For More Historical Outlooks Of Chart Industries, Inc.

Previous Quarter Performance

Chart Industries, Inc. unveiled income for the first quarter of $ 0.57 per share, from the revenue of $ 321.10 million. The quarterly earnings up 46.15 percent while revenues extended 9.80 percent compared with the same quarter last year.
Wall street analysts are predicting, GTLS to report 1Q20 income of $ 0.51 per share from revenue of $ 326.12 million. The bottom line results beat street analysts by $ 0.06 or 11.76 percent, at the same time, top line results fell short of analysts by $ 5.02 million or 1.54 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Chart Industries, Inc.

Stock Performance

According to the previous trading day, closing price of GTLS was $ 55.64, representing a 270.93 % increase from the 52 week low of $ 15.00 and a 28.11 % decrease over the 52 week high of $ 77.40.

The company has a market capital of $ 2.00 billion and is part of the Industrials sector and Diversified Industrials industry.

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Recent Analyst recommendations

On 9th July 2020, maintained by Morgan Stanley at Overweight rating, with $ 55.00 target price.

On 29th June 2020, upgraded by Evercore ISI to Outperform from In-Line rating.

On 2nd June 2020, maintained by Citigroup at Buy rating, with $ 50.00 target price.

Conference Call

Chart Industries, Inc. will be hosting a conference call at 9:30 AM eastern time on 23rd July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.chartindustries.com

Chart Industries, Inc. manufactures and sells engineered equipment and packaged solutions; and provides value-add services for the energy and industrial gas industries worldwide. It operates through three segments: Energy & Chemicals, Distribution & Storage Western Hemisphere, and Distribution & Storage Eastern Hemisphere segments.