Chart Industries Q4 Adj. EPS $2.25 Beats $2.09 Estimate, Sales $1.01B Miss $1.10B Estimate
Portfolio Pulse from Benzinga Newsdesk
Chart Industries (NYSE:GTLS) reported Q4 adjusted EPS of $2.25, surpassing the $2.09 estimate, marking a 34.73% increase from last year. However, their sales of $1.01B fell short of the $1.10B estimate, despite being a 129.95% increase from the previous year.
February 28, 2024 | 11:32 am
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Chart Industries reported a Q4 adjusted EPS of $2.25, beating estimates, but missed sales forecasts with $1.01B.
While GTLS surpassed EPS estimates, indicating operational efficiency and profitability, the miss on sales forecasts could raise concerns about growth prospects and market demand. The mixed results present a neutral outlook in the short term as positive earnings are offset by sales performance concerns.
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RELEVANCE 100