Chesapeake utilities corporation reports first quarter 2025 results

Net income and earnings per share ("eps")* were $50.9 million and $2.21, respectively, for the first quarter of 2025 compared to $46.2 million and $2.07, respectively, for the first quarter of 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 $51.1 million and $2.22, respectively, for the first quarter of 2025 compared to $46.8 million and $2.10, respectively for the first quarter of 2024 adjusted gross margin** growth of $17.9 million during the first quarter of 2025 driven by customer consumption, regulatory initiatives and infrastructure programs, increased demand for virtual pipeline services, natural gas organic growth and transmission expansion projects significant regulatory activity to date that will help drive the company's results for the remainder of the year the company continues to affirm 2025 and 2028 eps and capital expenditure guidance dover, del. , may 7, 2025 /prnewswire/ -- chesapeake utilities corporation (nyse: cpk) ("chesapeake utilities" or the "company") today announced financial results for the three months ended march 31, 2025.
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