Chesapeake Utilities posted Q3 2026 adjusted EPS of $0.89, driven by regulated infrastructure growth, while maintaining its long-term capital and earnings outlook.
Q3 2026 adjusted EPS rose to $0.89 from $0.82 a year earlier, with net income up to $21.6 million from $19.5 million, and the company affirmed its 2028 EPS guidance of $7.75-$8.00 and 2026 capex guidance of $550-$600 million. Continued earnings growth plus a strategic partnership with NextEra Energy Resources on the FEP project supports the growth story. The results were broadly in line with guidance rather than a major surprise, limiting the price reaction.
Adjusted diluted EPS grew to $0.89 from $0.82 a year earlier, and net income rose to $21.6 million from $19.5 million, driven by rate case increases, natural gas transmission service expansions and regulated infrastructure programs.
No, it reaffirmed 2026 capital expenditure guidance of $550-$600 million and 2028 earnings guidance of $7.75-$8.00 per share, with a full long-term guidance update expected at the February 2027 earnings call.
Chesapeake Utilities Corporation reported third-quarter 2026 adjusted earnings of $0.89 per share, up from $0.82 in the same period last year. Net income rose to $21.6 million, supported by rate case increases and infrastructure expansion. The company reaffirmed its 2026 capital expenditure guidance of $550-$600 million and its 2028 earnings target of $7.75-$8.00 per share.
Adjusted diluted EPS grew to $0.89 from $0.82 a year earlier, and net income rose to $21.6 million from $19.5 million, driven by rate case increases, natural gas transmission service expansions and regulated infrastructure programs.
No, it reaffirmed 2026 capital expenditure guidance of $550-$600 million and 2028 earnings guidance of $7.75-$8.00 per share, with a full long-term guidance update expected at the February 2027 earnings call.