Chart Industries: Q1 Earnings Snapshot
BALL GROUND, Ga. (AP) — BALL GROUND, Ga. (AP) — Chart Industries Inc. (GTLS) on Friday reported first-quarter earnings of $11.3 million.
On a per-share basis, the Ball Ground, Georgia-based company said it had net income of 10 cents. Earnings, adjusted for one-time gains and costs, were $1.49 per share.
The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.88 per share.
The equipment maker for the energy sector posted revenue of $950.7 million in the period, which also fell short of Street forecasts. Eight analysts surveyed by Zacks expected $974.2 million.
Chart Industries expects full-year earnings in the range of $12 to $14 per share, with revenue in the range of $4.7 billion to $5 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GTLS at https://www.zacks.com/ap/GTLS