Chart Industries (NYSE:GTLS) reported its Q1 earnings results on Friday, April 29, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Chart Industries beat estimated earnings by 18.18%, reporting an EPS of $0.65 versus an estimate of $0.55.
Revenue was up $65.60 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 5.75% increase in the share price the next day.
Here's a look at Chart Industries's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.69 | 0.84 | 0.79 | 0.69 |
| EPS Actual | 0.73 | 0.81 | 0.80 | 0.74 |
| Revenue Estimate | 378.41M | 348.21M | 317.45M | 306.82M |
| Revenue Actual | 378.90M | 328.30M | 322.00M | 288.50M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Chart Industries management provided guidance for FY 2022, expecting earnings between $5.35 and $6.5 per share.
To track all earnings releases for Chart Industries visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
