Chesapeake Utilities Q2 adjusted EPS up 20.9% to $1.04; 2025 EPS guidance reaffirmed
Chesapeake Utilities reported second-quarter 2025 net income of $23.9 million, or $1.02 per diluted share, up from $0.82 a year earlier, and adjusted EPS of $1.04 versus $0.86. The company reaffirmed its 2025 adjusted EPS guidance of $6.15 to $6.35 and raised its 2025 capital expenditure guidance to $375 million to $425 million. Shareholders get higher earnings and a larger 2025 spending plan, with the company's guidance assuming a successful outcome on the FCG Depreciation Study.
Key points
- Q2 2025 net income $23.9 million ($1.02 per diluted share) vs. $18.2 million ($0.82) in Q2 2024
- Q2 2025 adjusted EPS $1.04 vs. $0.86, growth of 20.9%; adjusted gross margin $142.8 million, up 12.8%
- 2025 adjusted EPS guidance of $6.15 to $6.35 reaffirmed; 2028 EPS guidance of $7.75 to $8.00 reaffirmed
- 2025 capital expenditure guidance raised to $375 million to $425 million; conference call set for August 8, 2025 at 8:30 a.m. Eastern
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.