Chart Industries, Inc. (NASDAQ:GTLS) issued an update on its FY17 earnings guidance on Thursday morning. The company provided EPS guidance of $0.65-0.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.75. The company issued revenue guidance of $875-925 million, compared to the consensus revenue estimate of $897.84 million.

Shares of Chart Industries, Inc. (NASDAQ:GTLS) traded up 3.73% during trading on Thursday, reaching $35.63. 198,292 shares of the company’s stock were exchanged. Chart Industries, Inc. has a 52 week low of $27.01 and a 52 week high of $40.87. The stock has a market capitalization of $1.09 billion, a PE ratio of 36.81 and a beta of 1.28. The company’s 50-day moving average is $34.81 and its 200 day moving average is $35.82.

Chart Industries (NASDAQ:GTLS) last posted its earnings results on Thursday, July 27th. The industrial products company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.02. The company had revenue of $238.21 million for the quarter, compared to analysts’ expectations of $225.76 million. Chart Industries had a return on equity of 5.56% and a net margin of 3.45%. The firm’s quarterly revenue was down 3.6% compared to the same quarter last year. During the same period last year, the business posted $0.72 earnings per share. On average, analysts forecast that Chart Industries, Inc. will post $0.75 earnings per share for the current year.

A number of equities research analysts have issued reports on the company. Zacks Investment Research cut Chart Industries from a buy rating to a hold rating in a research note on Monday, May 1st. Johnson Rice upgraded Chart Industries from a hold rating to a buy rating and raised their target price for the company from $40.00 to $42.00 in a research note on Thursday, June 29th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. The company has an average rating of Hold and an average price target of $39.14.

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About Chart Industries

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.

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

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