Chesapeake Utilities Q3 net income rises to $19.4 million, EPS $0.82
Chesapeake Utilities reported third-quarter 2025 net income of $19.4 million, or $0.82 per diluted share, up from $17.5 million, or $0.78, a year earlier. For the nine months, net income was $94.2 million, or $4.03 per share, compared with $81.9 million, or $3.66. The company reaffirmed its 2025 adjusted EPS guidance of $6.15 to $6.35 but raised its 2025 capital guidance to $425 million to $450 million.
Key points
- Q3 adjusted gross margin rose $15.2 million, or 12.5%, to $137.2 million; operating income rose $4.1 million, or 10.0%, to $45.0 million.
- Q3 adjusted EPS was $0.82 versus $0.80 a year earlier, including a $0.04 per share impact from $92.0 million of equity issued over the last twelve months.
- 2025 adjusted EPS guidance of $6.15 to $6.35 was reaffirmed, assuming a successful outcome on the FCG Depreciation Study.
- The 2025 capital guidance range was increased to $425 million to $450 million, and the 2028 EPS guidance of $7.75 to $8.00 was affirmed.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing 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 November 06, 2025.
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