Chesapeake Utilities Corp expected to post earnings of $2.12 a share - Earnings Preview

Chesapeake Utilities

07/05/2024 03:06

* Chesapeake Utilities Corp  CPK.N   CPK  is expected
to show a
rise in quarterly revenue when it reports  results on May 8 for
the period ending March 31 2024
    * The Dover Delaware-based  company is expected to report a
19.3% increase in revenue to $260.15 million from $218.13
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Chesapeake Utilities
Corp is
for earnings of $2.12 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "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 $125.50​, above​ its last closing price
of $109.59. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.58        1.56       1.26      Missed  -19.1
 Jan. 1 2023   0.64        0.63       0.53      Missed  -15.6
 Jun. 30 2023  0.95        0.96       0.90      Missed  -6.4​
 Mar. 31 2023  2.10        2.11       2.04      Missed  -3.3
 ​​Dec.        1.44        1.44       1.47      Beat    2.4
 31 2022                                                
 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
 This summary was machine generated May 7 at 02:06 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)