BALL GROUND, Ga. (AP) — BALL GROUND, Ga. (AP) — Chart Industries Inc. (GTLS) on Thursday reported first-quarter profit of $49.5 million.
On a per-share basis, the Ball Ground, Georgia-based company said it had net income of 94 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to $1.86 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.84 per share.
The equipment maker for the energy sector posted revenue of $1 billion in the period, which matched Street forecasts.
Chart Industries expects full-year earnings in the range of $12 to $13 per share, with revenue in the range of $4.65 billion to $4.85 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GTLS at https://www.zacks.com/ap/GTLS
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