Chesapeake Utilities Expects EPS Of $7.75-$8.00 For 2028, Implying An EPS Growth Rate Of 8% From Current 2025 EPS Guidance Range, Or Since 2018, An 8.5% Growth Rate
Portfolio Pulse from Benzinga Newsdesk
Chesapeake Utilities has projected an EPS of $7.75-$8.00 for 2028, indicating an 8% growth rate from its current 2025 EPS guidance range. This represents an 8.5% growth rate since 2018. The company also introduced a capital expenditure guidance of $1.5 billion to $1.8 billion for the five years ending in 2028.

September 26, 2023 | 10:06 pm
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Chesapeake Utilities' projected EPS growth and capital expenditure guidance for the next few years could indicate a positive outlook for the company's financial performance.
The projected EPS growth rate and capital expenditure guidance introduced by Chesapeake Utilities indicate that the company expects to see significant financial growth in the coming years. This could potentially lead to an increase in the company's stock price in the short term.
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