Chart Industries Inc (GTLS) Q4 2019 Earnings Call Transcript

Chart Industries Inc (GTLS) Q4 2019 Earnings Call Transcript

The company's earning release and supplemental presentation was issued earlier this morning.. Good morning, everyone and thank you for joining us today to go through our current outlook for 2020 and 2019 results.. Joining me today is John Bishop, our Chief Operating Officer and Scott Merkle, our Chief Accounting Officer.. Today, I'll start with our increased 2020 guidance, for which we have much higher conviction after the record order and backlog quarter to end 2019.. Our revenue outlook is $1.645 billion to $1.71 billion compared to the prior revenue outlook of $1.615 billion to $1.68 billion.. The increase is driven from the timing shifts of fourth quarter 2019 orders and revenue related to three of the four segments.. We expect full year adjusted earnings per diluted share to be in the range of $4.90 to $5.50 per share on approximately 36.1 million weighted average shares outstanding.. As we indicated in October and November, our 2020 outlook is weighted to the second half of the year for both revenue and earnings.. The first quarter of the year is our lowest quarter and we expect that will hold true in 2020.. We anticipate that first quarter of 2020 will be at or