Chart Industries (GTLS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - The market anticipates Chart Industries (GTLS) will report a year-over-year increase in earnings driven by higher revenues when it releases its results for the quarter ended June 2024 [1] Earnings Expectations - The earnings report is expected on August 2, 2024, with a consensus EPS estimate of $2.57, reflecting a year-over-year increase of +116% [3][4] - Revenues are projected to be $1.11 billion, representing a 21.9% increase from the same quarter last year [4] Estimate Revisions - The consensus EPS estimate has been revised 0.64% higher in the last 30 days, indicating a positive reassessment by analysts [5] - The Most Accurate Estimate for Chart Industries is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +7.99%, suggesting a bullish outlook on earnings prospects [10] Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of a potential earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [15] - Chart Industries currently holds a Zacks Rank of 3, which indicates a moderate outlook [16] Historical Performance - Over the last four quarters, Chart Industries has beaten consensus EPS estimates two times, although past performance does not guarantee future results [13][17]