Microsoft Corp MSFT:NASDAQ

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Chart Industries Q1 Misses Projections on EPS and Revenue; Increases Full Year Guidance

6:35AM ET 4/18/2019 MT Newswires
Chart Industries (GTLS), an equipment manufacturer for the energy industry, early Wednesday reported Q1 adjusted earnings of $0.39 per share, up from $0.18 in the same period a year ago but missing the estimate of $0.43 from analysts polled by Capital IQ.

Total revenue of $289.3 million was up from $244.1 million in the same period a year ago but fell short of the Street projection of $290.3 million.

Chart expects full-year 2019 adjusted EPS in a range of $2.70 to $3.05, increased from prior guidance of $2.50 to $2.85 per share and straddling the Street estimate of $2.79.

The company guided full-year revenue in the range of $1.29 billion to $1.34 billion, increased from previous guidance of $1.26 billion to $1.31 billion and straddling the Street projection of $1.30 billion.

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