Chart: Order Growth Surges, EPS Misses

Core Insights - Chart Industries reported strong growth in order volumes but fell short of earnings and revenue expectations for Q4 2024 [2][9] - Adjusted EPS was $2.66, missing the estimate of$3.10, while revenue reached $1.11 billion against an anticipated$1.16 billion [2][3] Financial Performance - Adjusted EPS increased by 32.3% year-over-year from $2.01 in Q4 2023 [3] - Revenue grew by 10.8$1.01 billion [3] - Free Cash Flow surged by 140.5% to $261 million from$108.5 million in Q4 2023 [3] - Adjusted Operating Margin improved by 1 percentage point to 22% [3][8] Business Overview - Chart Industries focuses on solutions for the clean energy transition, including LNG, hydrogen, and carbon capture technologies [4] - The company aims to enhance market penetration and technological innovation to meet sustainable practices demands [4] Recent Initiatives - The company is expanding operations to meet surging demand in clean energy sectors and has acquired Howden to enhance capacity and innovation [5] - Strategic partnerships with companies like ExxonMobil and Bloom Energy are part of its clean energy solutions engagement [8] Quarterly Highlights - Order volume increased by 29.4% year-over-year to $1.55 billion, driven by major LNG projects [6] - Sales rose by 10.8$4.65 billion and $4.85 billion, with adjusted EPS forecasted between$12.00 and $13.00 [10] - The company emphasizes operational improvements as a foundation for continued growth [10]