Chesapeake Utilities Corp reports results for the quarter ended in June - Earnings Summary

Chesapeake Utilities

04/08/2023 24:29

* Chesapeake Utilities Corp  CPK.N  reported quarterly
adjusted
earnings of 90 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 96 cents per share.
    * Revenue fell 2.8% to $135.59 million from a year ago;
analysts
expected $158.23 million. 
    * Chesapeake Utilities Corp's reported EPS for the quarter
was 90
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Chesapeake Utilities Corp shares had fallen by 1.5% this
quarter and lost 0.8% so far this year.
    * The company reported quarterly net income of $16.13
million.
    * Wall Street's median 12-month price target for Chesapeake
Utilities Corp is $141.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 11:29 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.96           0.90           Missed
 Mar. 31 2023      2.11           2.04           Missed
 Dec. 31 2022      1.44           1.47           Beat
 Sep. 30 2022      0.74           0.54           Missed