Chart Industries Expects FY24 Sales Of $4.7B-$5.0B (Vs. $4.75B Est.), Adjusted EPS Of $12.00-$14.00 (Vs. $10.96 Est.)
Portfolio Pulse from Benzinga Newsdesk
Chart Industries projects its FY24 sales to range between $4.7B and $5.0B, surpassing the estimated $4.75B. The company also forecasts its adjusted EPS to be between $12.00 and $14.00, exceeding the estimated $10.96.
February 28, 2024 | 11:35 am
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POSITIVE IMPACT
Chart Industries projects higher-than-expected FY24 sales and adjusted EPS, indicating potential growth and profitability.
The company's projection of higher sales and EPS than analysts' estimates typically leads to positive investor sentiment and could result in a short-term increase in stock price due to anticipated growth and profitability.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100