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2.62%
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Why is Chart Industries Inc (GTLS) Stock down?
We've noticed a 6.82% decline in Chart Industries Inc (GTLS) stock during the 2024-09-03 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
27 Oct, 2023:
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.
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