U.S. Stock Movement | Q2 Adjusted Earnings Exceed Expectations, Chart Industries Soars Over 15%
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On Tuesday, Chart Industries surged over 15%, closing at $198.80. In terms of news, Chart Industries reported that its adjusted earnings per share for the second quarter were $2.59, up from $2.18 in the same period last year, while analysts surveyed by FactSet had expected earnings per share of $2.48. Quarterly sales were $1.08 billion, compared to $1.04 billion in the same period last year, with analysts surveyed by FactSet expecting sales of $1.11 billion. The company stated that it would withdraw its 2025 performance guidance due to discussions regarding a potential acquisition deal with Baker Hughes (BKR)
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