Chesapeake Utilities backs FY25 EPS view $6.15-$6.35, consensus $6.25

The company continues to re-affirm its 2025 EPS guidance range of $6.15-$6.35 per share, as well as the 2028 EPS guidance range of $7.75-$8.00 per share. The 2028 guidance implies an annual EPS growth rate of approximately 8% from the 2025 EPS guidance, or since 2018, an 8.5% growth rate. These earnings projections are based upon the company’s previously introduced capital expenditure guidance for the five-year period ended 2028 of $1.5B-$1.8B. The company continues to re-affirm this five-year capital guidance and projects capital expenditures of $325M-$375M for 2025.