Chesapeake Utilities Corp expected to post earnings of $1.99 a share - Earnings Preview

Chesapeake Utilities

30/04/2022 03:07

* Chesapeake Utilities Corp  CPK.N   CPK  is expected
to show a
rise in quarterly revenue when it reports  results on May 3. 
    * The Dover Delaware-based  company is expected to report  a
9.6% increase in revenue to $209.567 million from $191.19
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Chesapeake
Utilities Corp
is for earnings of $1.99 per share. For the same quarter last
year, the company reported earnings of $1.96 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Chesapeake
Utilities Corp is $137​, above​ its last closing price
of $125.17. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.31        1.31       1.28      Missed  -2.2
 Sep. 30 2021  0.62        0.58       0.71      Beat    22.4
 Jun. 30 2021  0.67        0.67       0.78      Beat    16.2​
 Mar. 31 2021  1.78        1.84       1.96      Beat    6.8
 ​​Dec.        1.15        1.15       1.24      Beat    8
 31 2020                                                
 Sep. 30 2020  0.48        0.49       0.56      Beat    13.9​
 Jun. 30 2020  0.60        0.60       0.66      Beat    9.3
 Mar. 31 2020  1.82        1.81       1.76      Missed  -2.7
 This summary was machine generated April 30 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated