earnings
confidence high
sentiment positive
materiality 0.75
Chesapeake Utilities Q3 net income $19.4M, EPS $0.82; reaffirms FY25 EPS $6.15-$6.35
CHESAPEAKE UTILITIES CORP
2025-Q3 EPS reported
$4.03
revenue$671,100,000
- Q3 2025 adjusted net income $19.5M ($0.82 EPS) vs $18.1M ($0.80) in Q3 2024; net income $19.4M ($0.82).
- Adjusted gross margin up $15.2M in Q3 and $49.3M YTD, driven by natural gas growth, transmission expansion, and CNG/RNG/LNG services.
- 2025 adjusted EPS guidance reaffirmed at $6.15-$6.35; 2028 EPS guidance $7.75-$8.00 reaffirmed.
- 2025 capital guidance increased to $425M-$450M, reflecting progress on capital projects and ERP system implementation.
- Delaware rate case finalized with settlement on tariff changes; $92M equity issued over 12 months to strengthen balance sheet.