10:41 AM EDT, 11/01/2024 (MT Newswires) -- (Updates with stock movement in the headline and first paragraph.)
Chart Industries ( GTLS ) shares were rising 10% in recent Friday trading after the company reported Q3 adjusted earnings of $2.18 per diluted share, up from $1.13 a year earlier.
Analysts polled by Capital IQ expected $2.48.
Sales for the quarter ended Sept. 30 were $1.06 billion, up from $897.9 million a year earlier.
Analysts polled by Capital IQ expected $1.09 billion.
The company said it now expects full-year adjusted diluted EPS of about $9, from its previous estimate of $10.75 to $11.75, and sales of $4.20 billion to $4.30 billion, from $4.45 billion to $4.60 billion previously. Analysts polled by Capital IQ expect adjusted EPS of $9.99 on revenue of $4.41 billion.
For 2025, Chart said it expects $12 to $13 in adjusted EPS and $4.65 billion to $4.85 billion in sales. Analysts polled by Capital IQ expect $12.65 in adjusted EPS on revenue of $4.91 billion.
Price: 132.79, Change: +12.07, Percent Change: +9.99