Chesapeake Utilities (CPK) Tops Q2 EPS by 13c

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Go back to Chesapeake Utilities (CPK) Tops Q2 EPS by 13c

CHESAPEAKE UTILITIES CORPORATION REPORTS SECOND QUARTER 2022 RESULTS

August 3, 2022 4:30 PM EDT

Year-to-date earnings increased to $3.04 per share from $2.75, an increase of $0.29 or 10.5 percent, compared to the prior yearEarnings per share ("EPS")* was $0.96 for the second quarter of 2022, an increase of $0.18, compared to $0.78 for the second quarter of 2021Included in the second quarter results was a one-time gain of $1.9 million or $0.08 in EPS related to a building salePerformance in the first half of 2022 was driven by the acquisition of Diversified Energy, pipeline expansions, natural gas organic growth, regulatory initiatives and higher earnings in the Company's unregulated... More