BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Chart Industries, Inc. (“Chart” or the “Company”) (NYSE: GTLS) on investors concerning the Company’s possible violations of federal securities laws.
On October 27, 2023, Chart released its third quarter 2023 financial results, reporting EPS of $1.28, missing estimates by $0.23, and revenue of $897.9M, missing estimates by $132.1M. Additionally, the Company reduced is full year 2023 guidance from $3.66 billion to $3.80 billion down to $3.45 billion to $3.50 billion to remove sales associated with certain manufacturers.
On this news, Chart's stock price fell $36.46, or 24.9%, to close at $110.12 per share on October 27, 2023, thereby injuring investors.
If you purchased Chart securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
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