Zacks: Analysts Anticipate Chart Industries, Inc. (NASDAQ:GTLS) Will Announce Quarterly Sales of $352.10 Million

Brokerages forecast that Chart Industries, Inc. (NASDAQ:GTLS – Get Rating) will announce $352.10 million in sales for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Chart Industries’ earnings. The highest sales estimate is $358.00 million and the lowest is $343.60 million. Chart Industries reported sales of $288.50 million during the same quarter last year, which indicates a positive year-over-year growth rate of 22%. The business is scheduled to issue its next earnings report before the market opens on Monday, January 1st.

On average, analysts expect that Chart Industries will report full-year sales of $1.78 billion for the current fiscal year, with estimates ranging from $1.75 billion to $1.82 billion. For the next financial year, analysts expect that the company 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 sell-side research firms that follow Chart Industries.

Separately, StockNews.com raised shares of Chart Industries to a “sell” rating in a report on Monday, March 28th.

NASDAQ GTLS opened at $172.11 on Thursday. The firm has a market capitalization of $6.30 billion, a price-to-earnings ratio of 119.52 and a beta of 1.62. Chart Industries has a 12-month low of $108.29 and a 12-month high of $206.29. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.23 and a quick ratio of 0.77.

Chart Industries Company Profile (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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