Chart Industries: Panic Over Moving Orders

Olemedia Chart Industries (NYSE:GTLS) adjusted the guidance because expected orders moved due to the participation of the company in large projects that sometimes have delays. The market hated that because the new guidance came in lower than the market consensus. But Jill Evanko, CEO clearly stated during the conference call that this is not a quarterly business. The company supplies its products and services to large projects that have constantly moving parts. Therefore, adjustments like the one that happe ...