Chesapeake Utilities reports Q3 adjusted EPS 80c, consensus 67c

Reports Q3 revenue $160.14M, consensus $171.85M. “Chesapeake Utilities (CPK) delivered strong financial performance and sustained operational excellence in the third quarter as we continued to execute on the three pillars that drive long-term earnings growth and shareholder value: prudently deploying record levels of capital, proactively advancing our regulatory agenda and continually executing on business transformation,” said Jeff Householder, chair, president and CEO. “In the third quarter alone, we invested nearly $100 million in capital expenditures, filed for rate increases in Delaware and in Florida for our electric operations and successfully implemented our new enterprise-wide customer billing system.”