Chart Industries reported Q3 2024 earnings of $62.2 million, missing analyst expectations, but forecasts full-year growth.

Chart Industries Inc. reported a Q3 2024 net income of $62.2 million, or $1.33 per share, missing Wall Street's expectation of $2.56. Revenue reached $1.06 billion, also below forecasts. Despite this, the company anticipates full-year earnings of $9 per share and revenue between $4.2 billion and $4.3 billion. Strong demand for LNG and carbon capture technology contributed to a 22.4% year-over-year sales increase, with orders up 5.4%.

November 01, 2024
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