Chart Industries Inc (GTLS)

Chart Industries Inc Stock (GTLS) dropped by 24.87% from $146.58 to $110.12 in the trading on Friday October 27, 2023. The reason why GTLS stock down today is due to its missed Q3 financial results. Analysts had expected $1.03 billion in revenue and earnings of $1.61 per share of Chart Industries's third-quarter result. However, revenue was up nearly 10% from a year ago to $898 million, and the net loss was $3.4 million, or $0.08 per share. Adjusting for one-time costs, earnings were $1.28 per share, up from $1.19 a year ago. Both numbers fell well short of the analysts' expectation.