---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-046363"
form_type: "8-K"
ticker: "CPK"
cik: "0000019745"
company_name: "CHESAPEAKE UTILITIES CORP"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:58:00.978810+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chesapeake Utilities Q3 adj EPS $0.80 (+16% YoY); FY2024 adj EPS guidance reaffirmed $5.33-$5.45

## Summary
- Q3 2024 net income $17.5M ($0.78 diluted EPS); adjusted net income $18.1M ($0.80 adj EPS).
- Nine-month 2024 adjusted net income $84.2M ($3.76 adj EPS) vs $64.8M ($3.63) in prior-year period.
- Adjusted gross margin grew $89.3M in 9M 2024 driven by FCG, regulatory initiatives, pipeline expansion, and 4% customer growth in Delmarva and Florida.
- Affirms FY2024 adj EPS guidance $5.33-$5.45; capex $300M-$360M; FY2025 EPS $6.15-$6.35; FY2028 EPS $7.75-$8.00 (~8% CAGR from 2025).
- Q3 capex ~$100M; rate increase filings in Delaware and Florida electric; new customer billing system implemented.

## SEC filing metadata
- accession: 0001628280-24-046363
- form_type: 8-K
- ticker: CPK
- cik: 0000019745
- company_name: CHESAPEAKE UTILITIES CORP
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/19745/000162828024046363/0001628280-24-046363-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/19745/000162828024046363/cpk-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-046363
- JSON: https://secwatch.observer/filing/0001628280-24-046363.json
- Plain text: https://secwatch.observer/filing/0001628280-24-046363.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.