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Chart Industries Inc Raises Low End of Prior FY 2012 Revenue Guidance To A Range In Line With Analysts' Estimates; Lowers FY 2012 EPS Guidance


Thursday, 1 Nov 2012 05:30am EDT 

Chart Industries Inc announced that considering the collective impact of year-to-date results, current order backlog, the addition of AirSep and current business expectations, the Company is lowering earnings guidance for fiscal 2012. The Company is tightening fiscal 2012 sales guidance range to $980-$1 billion, which is within the range previously forecasted. Fiscal 2012 EPS for fiscal 2012 are now expected to be in the range of $2.35 to $2.45 per diluted share. Included in fiscal 2012 earnings estimates are approximately $0.10 per diluted share of anticipated restructuring charges for recent acquisitions. Excluding these charges, earnings would be expected to fall in a range of $2.45 to $2.55 per share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $995 million and EPS of 2.70 for fiscal 2012. 

Company Quote

79.23
0.98 +1.25%
11 Jul 2014