What Analysts Predict For Chesapeake Utilities Corporation ($CPK) 3Q20?

Chesapeake Utilities Corporation (NYSE:CPK) is expected to report third quarter earnings results, after market close, on Wednesday 4th November 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.49 per share.

Looking ahead, the full year income are expected at $ 4.10 per share on the revenues of $ 519.18 million.

Previous Quarter Performance

Chesapeake Utilities Corporation communicated income for the second quarter of $ 0.64 per share, from the revenue of $ 97.05 million.

Stock Performance

Shares of Chesapeake Utilities Corporation traded up $ 0.86 or 0.87 percent on Tuesday, reaching $ 100.10 with volume of 143.00 thousand shares. Chesapeake Utilities Corporation has traded high as $ 102.03 and has cracked $ 99.50 on the downward trend

According to the previous trading day, closing price of $ 100.10, representing a 42.85 % increase from the 52 week low of $ 69.47 and a 2.73 % decrease over the 52 week high of $ 102.03.

The company has a market capital of $ 1.65 billion and is part of the Utilities sector and Utilities – Regulated Gas industry.

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.44 per share on August 5, 2020. The dividend were payable on October 5, 2020 to holders of record as of the close of business on September 15, 2020 and ex-dividend date on September 14, 2020.

Chesapeake Utilities Corporation, a diversified energy company, engages in regulated and unregulated energy businesses. The company operates in two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment engages in the distribution of natural gas in Delaware, Maryland, and Florida; distribution of electricity in Florida; and transmission of natural gas on the Delmarva Peninsula and in Florida.

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