Chesapeake Utilities (CPK) Misses Q1 EPS by 10c, Beats on Revenue; Offers Guidance

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CHESAPEAKE UTILITIES CORPORATION REPORTS FIRST QUARTER 2025 RESULTS

May 7, 2025 4:30 PM EDT

Net income and earnings per share ("EPS")* were $50.9 million and $2.21, respectively, for the first quarter of 2025 compared to $46.2 million and $2.07, respectively, for the first quarter of 2024Adjusted net income and Adjusted EPS**, which exclude transaction and transition-related expenses attributable to the acquisition and integration of Florida City Gas ("FCG"), were $51.1 million and $2.22, respectively, for the first quarter of 2025 compared to $46.8 million and $2.10, respectively for the first quarter of 2024Adjusted gross margin** growth of... More