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Chesapeake Utilities Corp reports results for the quarter ended June 30 - Earnings Summary

Chesapeake Utilities Corp CPK.N reported quarterly adjusted earnings of $1.02​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 82 cents.  The mean expectation of five analysts for the quarter was for earnings of $1.02 per share. Wall Street expected results to range from $1.00  to $1.05 per share.

Revenue rose 16% to $192.80 million from a year ago; analysts expected $182.45 million.

Chesapeake Utilities Corp's reported EPS for the quarter was $1.02​.

The company reported quarterly net income of $23.9 million.

Chesapeake Utilities Corp shares had risen by 0.9% this quarter and held steady so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the natural gas utilities peer group is also "buy"

Wall Street's median 12-month price target for Chesapeake Utilities Corp is $138.00, about 12.1% above its last closing price of $121.31

This summary was machine generated from LSEG data August 8 at 06:14 a.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.021.02Met
Mar. 31 20252.322.21Missed
Dec. 31 20241.621.60Missed
Sep. 30 20240.670.78Beat

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