Chesapeake utilities corporation reports third quarter 2024 results

Net income and earnings per share ("eps")* were $17.5 million and $0.78, respectively, for the third quarter of 2024, and $81.9 million and $3.66, respectively, for the nine months ended september 30, 2024 adjusted net income and adjusted eps**, which exclude transaction and transition-related expenses attributable to the acquisition and integration of florida city gas ("fcg"), were $18.1 million and $0.80, respectively, for the third quarter of 2024 and $84.2 million and $3.76, respectively, for the nine months ended september 30, 2024 adjusted gross margin** growth of $89.3 million during the first nine months of 2024 driven by contributions from fcg, regulatory initiatives and infrastructure programs, natural gas organic growth, continued pipeline expansion projects, and additional customer consumption results continue to track in line with management's expectations, and the company continues to affirm 2024 eps and capital guidance dover, del. , nov. 7, 2024 /prnewswire/ -- chesapeake utilities corporation (nyse: cpk) ("chesapeake utilities" or the "company") today announced financial results for the three and nine months ended september 30, 2024.
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