earnings
confidence high
sentiment positive
materiality 0.75
Chart Industries Q3 revenue up 25.5% to $412M, record EPS $1.15; guides FY22 below prior range
CHART INDUSTRIES INC
2022-Q3 EPS reported
$1.56
revenue$1,171,000,000
- Record sales $412.1M (+25.5% YoY); record non-diluted EPS $1.15, adjusted $1.49.
- Record backlog $2,254.1M (+104% YoY), eighth consecutive record; Q3 orders $729.4M (+108%).
- FY22 sales guidance lowered to $1.65-1.70B (prior $1.725-1.80B); adj. EPS guidance $5.00-5.25 (prior $5.20-5.60).
- FY23 outlook: sales $2.10-2.20B, adj. EPS $7.50-8.50; driven by record backlog and IRA tailwinds.
- IRA increases near-term TAM to $9.65B; 2030 TAM to $49.25B.