Chart: Order Growth Surges, EPS Misses
Chart Industries Q4 2024 results showed growth in orders and sales, but profits and revenue fell short of expectations.
Chart Industries (NYSE:GTLS), 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. Adjusted EPS came in at $2.66, missing the estimate of $3.10, and revenue was $1.11 billion against the anticipated $1.16 billion. Overall, the quarter's performance highlighted robust demand in key segments but also foreign exchange impacts.
Source: Analyst estimates for the quarter provided by FactSet.
Chart Industries is a global manufacturer offering solutions for the clean energy transition, including liquefied natural gas (LNG), hydrogen, and carbon capture technologies. The company's products cater to clean energy and industrial markets, with key focuses currently on expanding market penetration in these areas and technological innovation to meet increasing sustainable practices demands. Its important success factors include harnessing technological leadership, enhancing its global footprint, and leveraging strategic partnerships.
