Chart Industries, Inc.
|Company Name||Chart Industries, Inc.|
On October 27, 2023, Chart released its third quarter 2023 financial results, reporting EPS of $1.28, missing estimates by $0.23, and revenue of $897.9M, missing estimates by $132.1M. Additionally, the Company reduced is full year 2023 guidance from $3.66 billion to $3.80 billion down to $3.45 billion to $3.50 billion to remove sales associated with certain manufacturers.
On this news, Chart's stock price fell $36.46, or 24.9%, to close at $110.12 per share on October 27, 2023, thereby injuring investors.
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