Chesapeake Utilities Corporation (CPK - Free Report) reported fourth-quarter 2017 operating earnings of 93 cents beating the Zacks Consensus Estimate of 85 cents by 9.4%.
The company reported GAAP earnings of $1.59 per share, which came in higher than the year-ago figure of 73 cents by 117.8%.
Adjustments included a tax impact of 87 cents and Unrealized MTM loss of 21 cents.
Total Revenues
Chesapeake Utilities’ total revenues of $180.4 million beat the Zacks Consensus Estimate of $148 million by 21.9%. Further, revenues were up 27.2% from $141.9 million in the prior-year quarter.
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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Chesapeake Utilities Corporation (CPK - Free Report) reported fourth-quarter 2017 operating earnings of 93 cents beating the Zacks Consensus Estimate of 85 cents by 9.4%.
The company reported GAAP earnings of $1.59 per share, which came in higher than the year-ago figure of 73 cents by 117.8%.
Adjustments included a tax impact of 87 cents and Unrealized MTM loss of 21 cents.
Total Revenues
Chesapeake Utilities’ total revenues of $180.4 million beat the Zacks Consensus Estimate of $148 million by 21.9%. Further, revenues were up 27.2% from $141.9 million in the prior-year quarter.
Don’t Even Think About Buying Bitcoin Until You Read This
The most popular cryptocurrency skyrocketed last year, giving some investors the chance to bank 20X returns or even more. Those gains, however, came with serious volatility and risk. Bitcoin sank 25% or more 3 times in 2017.
Zacks’ has just released a new Special Report to help readers capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.
See 4 crypto-related stocks now >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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