- Chart Industries reported an adjusted earnings per share (EPS) of $2.59 for the second quarter, meeting analysts’ expectations and up from $2.18 year-over-year.
- Total sales reached $1.08 billion, a 4% increase from the previous year, slightly below the $1.1 billion estimate.
- Cryo tank solutions sales decreased by 5.8% year-over-year to $155.9 million, missing estimates of $163.5 million.
- Heat transfer systems sales surged by 25% to $295.3 million, surpassing the forecasted $271.5 million.
- Speciality products sales grew by 5.5% to $292.9 million, exceeding the $281.9 million estimate.
- Repair, service, and leasing sales dropped by 6.2% year-over-year to $338.2 million, lagging behind the expected $353.3 million.
- Orders reached $1.50 billion, marking a significant 29% increase year-over-year and exceeding the $1.19 billion forecast.
- Gross profit was $363.5 million, rising by 3.4% year-over-year, but below the estimated $380.6 million.
- The gross margin for cryo tank solutions increased to 27.5% from 20.2% the previous year, above the expected 24.4%.
- Chart Industries has terminated its merger agreement with Flowserve.
- Baker Hughes has agreed to acquire Chart Industries for $210 per share in cash, equivalent to a total enterprise value of $13.6 billion.
- Chart Industries is withdrawing its guidance due to the proposed acquisition by Baker Hughes and has canceled its earnings call.
- The current market analyst consensus includes 15 buy ratings, 4 hold ratings, and no sell ratings for Chart Industries.
Chart Industries on Smartkarma
Analyst coverage of Chart Industries on Smartkarma reveals a positive outlook from Baptista Research. In their report titled “Chart Industries Eyes a $1 Billion LNG Windfall—Is This the Biggest Energy Play of the Year?”, they highlighted the company’s first-quarter 2025 results, showing strengths and areas for improvement. With a 17.3% increase in orders totaling $1.32 billion, driven by projects like Woodside Louisiana LNG, the company’s focus on Liquefied Natural Gas (LNG) as a significant backlog contributor is noted.
Additionally, Baptista Research‘s analysis in “Chart Industries: Here are the 6 Major Game-Changers Impacting Its 2025 Performance & Beyond!” appreciates Chart Industries‘ strong financial performance in 2024. Despite facing challenges, the company showcased strategic operational execution and market responsiveness, projecting a complex yet promising investment landscape. Their insights emphasize both achievements and obstacles, signaling a nuanced view on Chart Industries‘ future prospects.
A look at Chart Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Chart Industries, Inc., a global manufacturer of equipment used in the production, storage, and end-use of hydrocarbon and industrial gases, is looking towards a promising long-term outlook based on the Smartkarma Smart Scores. With a high score in Growth and Momentum, the company seems to be positioned well for future expansion and market performance.
Despite a lower score in Dividend, Chart Industries shines in areas such as Growth and Momentum, indicating potential for significant development and market traction in the long run. Its focus on innovative cryogenic components and resilience in its operations further bolster its overall outlook. Investors may find Chart Industries a compelling prospect for sustained growth in the years ahead.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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