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CPK Chesapeake Utilities News Story

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Chesapeake Utilities Corp reports results for the quarter ended March 31 - Earnings Summary

Chesapeake Utilities Corp CPK.N reported quarterly adjusted earnings of $2.21​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $2.07.  The mean expectation of six analysts for the quarter was for earnings of $2.32 per share. Wall Street expected results to range from $2.14  to $2.53 per share.

Revenue rose 21.5% to $298.70 million from a year ago; analysts expected $252.30 million.

Chesapeake Utilities Corp's reported EPS for the quarter was $2.21​.

The company reported quarterly net income of $50.9 million.

Chesapeake Utilities Corp shares had risen by 4.4% this quarter and gained 10.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "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 $140.00

This summary was machine generated from LSEG data May 8 at 08:12 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
Mar. 31 20252.322.21Missed
Dec. 31 20241.621.60Missed
Sep. 30 20240.670.78Beat
Jun. 30 20240.800.82Beat

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