Insights Into Chart Industries (GTLS) Q3: Wall Street Projections for Key Metrics

In its upcoming report, Chart Industries (GTLS) is predicted by Wall Street analysts to post quarterly earnings of $2.56 per share, reflecting an increase of 100% compared to the same period last year. Revenues are forecasted to be $1.12 billion, representing a year-over-year increase of 25.3%.Over the last 30 days, there has been an upward revision of 1.3% in the consensus EPS estimate for the quarter, leading to its current level. 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 rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.Given this perspective, it's time to examine the average forecasts of specific Chart Industries metrics that are routinely monitored and predicted by Wall Street analysts.The collective assessment of analysts points to an estimated 'Sales- Cryo Tank Solutions' of $173.46 million. The estimate indicates a change of +9.1% from the prior-year quarter.It is projected by analysts that the 'Sales- Repair, Service & Leasing' will reach $360.60 million. The estimate points to a change of +32.9% from the year-ago quarter.According to the collective judgment of analysts, 'Sales- Specialty Products' should come in at $327.33 million. The estimate indicates a change of +36.4% from the prior-year quarter.Analysts' assessment points toward 'Sales- Heat Transfer Systems' reaching $280.43 million. The estimate indicates a year-over-year change of +20.6%.Analysts expect 'Orders - Heat Transfer Systems' to come in at $227.23 million. Compared to the present estimate, the company reported $176.10 million in the same quarter last year.The consensus among analysts is that 'Orders - Specialty Products' will reach $364.35 million. The estimate is in contrast to the year-ago figure of $469.10 million.The average prediction of analysts places 'Orders - Repair, Service & Leasing' at $306.43 million. The estimate compares to the year-ago value of $331.20 million.The consensus estimate for 'Orders - Cryo Tank Solutions' stands at $131.57 million. The estimate is in contrast to the year-ago figure of $155.60 million.View all Key Company Metrics for Chart Industries here>>>Over the past month, shares of Chart Industries have returned -0.2% versus the Zacks S&P 500 composite's +1.7% change. Currently, GTLS carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chart Industries, Inc. (GTLS): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks