Chart Industries (GTLS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Chart Industries' stock plummeted over 90% in fiscal year 2020 due to market panic, but it rebounded as multiyear projects continued unaffected. The acquisition of Howden adds a counter-cyclical repair business. Despite market fears, Chart Industries has not had significant losses from its backlog even in a year like 2020.
Chart Industries (GTLS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
GTLS is set to provide its NRU and helium process technology for the Dry Piney Helium and Carbon Sequestration Project in Sublette County, WY.
Chart Industries reported a significant increase of 29.4% in order intake. The fast growth in orders suggests continued strong performance. Investors are particularly interested in the growing backlog.
Chart Industries, Inc. (NYSE:GTLS ) Q4 2024 Earnings Conference Call February 28, 2025 8:30 AM ET Company Participants Jill Evanko - Chief Executive Officer Joe Brinkman - Chief Financial Officer Conference Call Participants Saurabh Pant - Bank of America Ben Nolan - Stifel Scott Gruber - Citigroup Manav Gupta - UBS Marc Bianchi - TD Cowen Arun Jayaram - JPMorgan Chase Eric Stine - Craig-Hallum Rob Brown - Lake Street Capital Sherif Elmaghrabi - BTIG Doug Becker - Capital One Operator Good morning and welcome to the Chart Industries, Inc. 2024 Fourth Quarter and Full Year Results Conference Call. All lines have been placed on mute to prevent any background noise.
Chart Industries (GTLS 2.81%), known for equipment and services in the clean energy markets, released its fourth-quarter 2024 earnings on Feb. 28, 2025. The company revealed strong growth in order volumes, but fell short on expectations for earnings and revenue.
While the top- and bottom-line numbers for Chart Industries (GTLS) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Chart Industries (GTLS) came out with quarterly earnings of $2.66 per share, missing the Zacks Consensus Estimate of $3.19 per share. This compares to earnings of $2.25 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Chart Industries (GTLS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
From a technical perspective, Chart Industries (GTLS) is looking like an interesting pick, as it just reached a key level of support. GTLS recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
Per the global master goods and services agreement, Chart Industries is set to supply liquefied natural gas equipment to ExxonMobil.