Chesapeake Utilities reports Q3 adjusted EPS 82c, consensus 94c

Reports Q3 revenue $179.6M, consensus $132.23M. “Our performance in Q3 of 2025 demonstrated continued operational excellence across our businesses to serve our customers and communities. In both the quarter and the year-to-date periods, we delivered double-digit growth in Adjusted Gross Margin and Operating Income relative to the prior year and we continued to strengthen our balance sheet with incremental long-term debt and equity issuances during the quarter,” said CEO Jeff Householder. “These results demonstrate that we continue to deliver on our three growth pillars. Within Q3, we invested $123M of capital and generated over $20M of gross margin from transmission, infrastructure, and transportation projects. We also reached final completion of our Delaware rate case, with a settlement on tariff-related changes, including rate design. And finally, we took the next pivotal step in our continuous business transformation efforts, including officially kicking off our multi-year Enterprise Resource Plan process, which was a primary driver in the increase and extension of our 2025 capital guidance to $425M-$450M. We remain focused on achieving our earnings and increased capital guidance in 2025, demonstrating record performance and reaching new heights of growth for the company.”