Chesapeake Utilities Corp expected to post earnings of $2.11 a share - Earnings Preview

Chesapeake Utilities

02/05/2023 03:04

* 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
11.6% increase in revenue to $248.833 million from $222.88
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 $2.11 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Chesapeake
Utilities Corp is $141​, above​ its last closing price
of $123.50. ​​​

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 2022  1.44        1.44       1.47      Beat    2.4
 Sep. 30 2022  0.72        0.74       0.54      Missed  -26.7
 Jun. 30 2022  0.85        0.83       0.96      Beat    15.7​
 Mar. 31 2022  2.01        1.99       2.08      Beat    4.4
 ​​Dec.        1.31        1.31       1.28      Missed  -2.2
 31 2021                                                
 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
 This summary was machine generated May 2 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated