Chesapeake Utilities: Q1 Earnings Insights

Chesapeake Utilities CPK reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:49 PM.

Here's what investors need to know about the announcement.

Chesapeake Utilities reported in-line EPS of $2.04 versus an estimate of $2.04.

Revenue was down $4.75 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 1.53% increase in the share price the next day.

Here's a look at Chesapeake Utilities's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	1.44	0.75	0.83	1.98
EPS Actual	1.47	0.54	0.88	2.08
Revenue Estimate	186.17M	127.97M	125.20M	209.57M
Revenue Actual	187.30M	131.05M	139.47M	222.88M

To track all earnings releases for Chesapeake Utilities visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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