earnings
confidence high
sentiment negative
materiality 0.80
UGI reports Q3 GAAP loss of $3.76/share; cuts FY adjusted EPS guidance to low end of $2.75-$2.90
UGI CORP /PA/
2023-Q3 EPS reported
-$7.78
revenue$7,524,000,000
- Q3 GAAP diluted EPS loss of $(3.76) vs $(0.03) prior year; adjusted EPS $0.00 vs $0.06.
- Year-to-date adjusted EPS $2.81 vs $2.90; FY2023 adjusted EPS expected at low end of $2.75-$2.90 range.
- Entered definitive agreements to divest Belgian gas/power marketing (close FY2023) and French/Netherlands portfolios (close FY2024).
- Segment EBIT: AmeriGas +$2M, International -$4M, Midstream & Marketing -$3M, Utilities -$6M; liquidity $1.8B.