Chesapeake Utilities (CPK) Tops Q3 EPS by 7c

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Go back to Chesapeake Utilities (CPK) Tops Q3 EPS by 7c

Chesapeake Utilities Corporation Reports Third Quarter Results

November 9, 2017 6:30 AM EST

DOVER, Del., Nov. 9, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today reported third quarter financial results. The Company's net income for the quarter ended September 30, 2017 was $6.8 million, compared to $4.4 million for the same quarter of 2016. Earnings per share ("EPS") for the quarter ended September 30, 2017 were $0.42 per share, compared to $0.29 per share for the same quarter of 2016. The increase in net income reflected margin growth across business units for both the Regulated Energy and Unregulated Energy segments, as well as lower operating and maintenance expenses for the... More