Chesapeake Utilities (CPK) Tops Q4 EPS by 23c
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Chesapeake Utilities Corporation Reports Record Results For Fiscal Year 2019 And Updates Earnings Guidance
February 26, 2020 4:30 PM ESTDOVER, Del., Feb. 26, 2020 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced financial results for the year and the fourth quarter ended December 31, 2019. Net income for 2019 was $65.2 million, or $3.96 per share compared to $56.6 million, or $3.45 per share for 2018.  Fourth quarter 2019 net income was $22.6 million, or $1.37 per share compared to $17.8 million, or $1.08 per share in 2018.
In the fourth quarter of 2019, the Company completed the previously announced sales of the assets and contracts of its natural gas marketing subsidiary, Peninsula Energy Services Company, Inc. (PESCO) and... More
