Chesapeake Utilities Corporation Reports Record Results For Fiscal Year 2020; Updates Earnings And Capital Guidance
Chesapeake Utilities Corporation Reports Record Results For Fiscal Year 2020; Updates Earnings And Capital Guidance - Earnings Per Share ("EPS")* increased to $4.26 in 2020 from $3.96 in 2019 - 2020 EPS from continuing operations was a record $4.21, an increase of $0.49 or 13.2 percent over 2019 - Fourth quarter 2020 EPS from continuing operations increased $0.20, or 19.2 percent - Expansion projects, customer growth, and pipeline replacement programs generated $15.5 million in additional gross margin** for 2020 - Finalization of the Hurricane Michael regulatory proceeding resulted in $10.9 m...
Source: prnewswire.com