CHESAPEAKE UTILITIES CORPORATION REPORTS THIRD QUARTER 2024 RESULTS
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Chesapeake Utilities Corporation reported its third quarter 2024 results, showing net income of $17.5 million and EPS of $0.78. Adjusted figures, excluding acquisition-related expenses, were slightly higher. The company continues to meet management's expectations and affirms its 2024 EPS and capital guidance.
November 07, 2024 | 9:45 pm
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Chesapeake Utilities reported Q3 2024 net income of $17.5M and EPS of $0.78. Adjusted EPS was $0.80, excluding acquisition-related expenses. The company affirms its 2024 guidance.
The earnings report shows Chesapeake Utilities is performing in line with expectations, with adjusted figures slightly higher due to excluding acquisition costs. Affirmation of 2024 guidance suggests confidence in future performance, likely positively impacting short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100