Shareholders might have noticed that Chesapeake Utilities Corporation (NYSE:CPK) filed its first-quarter result this time last week. The early response was not positive, with shares down 4.5% to US$127 in the past week. Revenue of US$299m came in a notable 20% ahead of expectations, while statutory earnings of US$2.21 were in line with what the analysts had been forecasting. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Chesapeake Utilities after the latest results.

We've discovered 2 warning signs about Chesapeake Utilities. View them for free.NYSE:CPK Earnings and Revenue Growth May 11th 2025

Taking into account the latest results, the current consensus from Chesapeake Utilities' five analysts is for revenues of US$919.4m in 2025. This would reflect a meaningful 9.4% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to step up 18% to US$6.25. In the lead-up to this report, the analysts had been modelling revenues of US$905.5m and earnings per share (EPS) of US$6.26 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

View our latest analysis for Chesapeake Utilities

The analysts reconfirmed their price target of US$135, showing that the business is executing well and in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Chesapeake Utilities analyst has a price target of US$148 per share, while the most pessimistic values it at US$122. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We can infer from the latest estimates that forecasts expect a continuation of Chesapeake Utilities'historical trends, as the 13% annualised revenue growth to the end of 2025 is roughly in line with the 11% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 5.3% annually. So although Chesapeake Utilities is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

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The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Chesapeake Utilities analysts - going out to 2027, and you can see them free on our platform here.

Plus, you should also learn about the  2 warning signs  we've spotted with Chesapeake Utilities (including 1 which is a bit unpleasant) .

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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