Chesapeake Utilities (CPK) Tops Q1 EPS by 28c
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Chesapeake Utilities Corporation Reports Higher Earnings For The First Quarter
May 6, 2015 6:30 AM EDTDOVER, Del., May 6, 2015 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today reported first quarter financial results. The Company's net income for the three months ended March 31, 2015 was $21.1 million, or $1.44 per share. This represents an increase of $3.4 million, or $0.22 per share, over the same quarter in 2014.
"We are off to a great start in 2015. Continued growth from natural gas service expansions, customer growth and the impact of regulatory initiatives, such as the Florida Gas Reliability Infrastructure Program ("GRIP") and a base rate adjustment, contributed to our strong performance. In addition,... More
