Gear Up for Chart Industries (GTLS) Q4 Earnings: Wall Street Estimates for Key Metrics
Wall Street analysts forecast that Chart Industries (GTLS) will report quarterly earnings of $2.13 per share in its upcoming release, pointing to a year-over-year increase of 27.5%. It is anticipated that revenues will amount to $1.09 billion, exhibiting an increase of 147.7% compared to the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
That said, let's delve into the average estimates of some Chart Industries metrics that Wall Street analysts commonly model and monitor.
Analysts forecast 'Sales- Cryo Tank Solutions' to reach $167.44 million. The estimate suggests a change of +32.5% year over year.
The consensus estimate for 'Sales- Repair, Service & Leasing' stands at $311.72 million. The estimate suggests a change of +464.7% year over year.
The collective assessment of analysts points to an estimated 'Sales- Specialty Products' of $308.68 million. The estimate indicates a change of +162.9% from the prior-year quarter.
Analysts predict that the 'Sales- Heat Transfer Systems' will reach $265.20 million. The estimate points to a change of +78.7% from the year-ago quarter.
View all Key Company Metrics for Chart Industries here>>>
Shares of Chart Industries have experienced a change of +5.4% in the past month compared to the +5% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), GTLS is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Chart Industries, Inc. (GTLS) : Free Stock Analysis Report
