Chart Industries (NAS: GTLS) reported earnings on April 26. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Chart Industries met expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share grew significantly.
Gross margins dropped, operating margins increased, and net margins increased.
Chart Industries logged revenue of $216.1 million. The eight analysts polled by S&P Capital IQ looked for revenue of $218.7 million on the same basis. GAAP reported sales were 33% higher than the prior-year quarter's $162.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.48. The nine earnings estimates compiled by S&P Capital IQ predicted $0.51 per share. GAAP EPS of $0.47 for Q1 were 88% higher than the prior-year quarter's $0.25 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 31.3%, 160 basis points worse than the prior-year quarter. Operating margin was 11.0%, 90 basis points better than the prior-year quarter. Net margin was 6.5%, 190 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $238.2 million. On the bottom line, the average EPS estimate is $0.65.
Next year's average estimate for revenue is $976.6 million. The average EPS estimate is $2.75.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 363 members out of 377 rating the stock outperform, and 14 members rating it underperform. Among 89 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 86 give Chart Industries a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Chart Industries is outperform, with an average price target of $75.55.
Over the decades, small-cap stocks like Chart Industries have produced market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: 2 Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.
Add Chart Industries to My Watchlist.
At the time thisarticle was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.