Chart Industries (GTLS) reported $1.11 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 9%. EPS of $2.66 for the same period compares to $2.25 a year ago.
The reported revenue represents a surprise of -5.58% over the Zacks Consensus Estimate of $1.17 billion. With the consensus EPS estimate being $3.19, the EPS surprise was -16.61%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Chart Industries performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Backlog - Cryo Tank Solutions: $290.30 million versus the two-analyst average estimate of $293.92 million.
- Backlog - Heat Transfer Systems: $2.10 billion versus $1.88 billion estimated by two analysts on average.
- Backlog - Specialty Products: $1.89 billion versus $1.78 billion estimated by two analysts on average.
- Backlog - Repair, Service & Leasing: $577.10 million versus $569.40 million estimated by two analysts on average.
- Total Backlog: $4.85 billion versus $4.51 billion estimated by two analysts on average.
- Orders - Heat Transfer Systems: $536.10 million compared to the $305.30 million average estimate based on two analysts.
- Orders - Specialty Products: $509.30 million compared to the $365.33 million average estimate based on two analysts.
- Sales- Heat Transfer Systems: $288.80 million compared to the $304.83 million average estimate based on three analysts. The reported number represents a change of +13.2% year over year.
- Sales- Cryo Tank Solutions: $150.20 million versus $169.81 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -27% change.
- Sales- Repair, Service & Leasing: $350.70 million versus the three-analyst average estimate of $374.25 million. The reported number represents a year-over-year change of +2.9%.
- Sales- Specialty Products: $316.90 million versus the three-analyst average estimate of $327.82 million. The reported number represents a year-over-year change of +46%.
- Sales- Intersegment eliminations: $0.20 million versus the two-analyst average estimate of -$2.68 million. The reported number represents a year-over-year change of -105.7%.
Shares of Chart Industries have returned -13.8% over the past month versus the Zacks S&P 500 composite's -2.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>Chart Industries, Inc. (GTLS) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
