earnings
confidence high
sentiment negative
materiality 0.75
UGI Q2 adjusted EPS $1.68 down YoY; FY2023 guidance cut to $2.75-$2.90
UGI CORP /PA/
2023-Q2 EPS reported
-$4.02
revenue$5,865,000,000
- Q2 GAAP diluted EPS $0.51 vs $4.32; adjusted diluted EPS $1.68 vs $1.91 prior year.
- Year-to-date GAAP diluted EPS $(4.02) vs $3.87; adjusted $2.82 vs $2.84.
- Updated fiscal 2023 adjusted diluted EPS guidance to $2.75-$2.90, implying lower outlook.
- Segment EBIT $576M vs $631M; AmeriGas total margin down $66M on warm weather and driver shortages.