Chart Industries Reports 2018 Second Quarter Results

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Chart Industries (GTLS) Tops Q2 EPS by 11c, Revenues Beat; Boosts FY18 EPS/Revenue Outlook

July 19, 2018 6:08 AM EDT

Chart Industries (NASDAQ: GTLS) reported Q2 EPS of $0.55, $0.11 better than the analyst estimate of $0.44. Revenue for the quarter came in at $319.9 million versus the consensus estimate of $299.73 million.

Orders of $360.3 million, a 12% sequential increase over the first quarter of 2018 and Charts sixth consecutive quarter of sequential growth. Orders increased 43% over the second quarter of 2017, with 6% organic growth.Booked $28 million order for Hudson Products (Energy & Chemicals) air cooled heat exchangers for a large LNG project.Sales of $319.9 million, a... More