UGI Q1 adjusted EPS $1.20 vs $1.14; International EBIT up 77%; Mountaineer rate case approved

UGI CORP /PA/

2024-Q1 EPS reported $0.44 revenue$2,121,000,000

Q1 GAAP diluted EPS $0.44; adjusted diluted EPS $1.20, up from $1.14 prior year.
Reportable segments EBIT $425M vs $411M; UGI International EBIT up 77% on higher LPG volumes and margins.
West Virginia PSC approved $13.9M annual rate increase for Mountaineer gas, effective Jan 1, 2024.
Available liquidity $1.5B; management initiated cost-alignment actions and lowered near-term capex.
AmeriGas experienced year-over-year decline; renewed focus on execution mentioned.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

UGI CORP /PA/ reported the fiscal quarter ended December 31, 2023 results: EPS Q1 GAAP diluted EPS of $0.44 and adjusted diluted EPS of $1.20.

Period: the fiscal quarter ended December 31, 2023
EPS: Q1 GAAP diluted EPS of $0.44 and adjusted diluted EPS of $1.20
Result: reported results

Exact text from the filing

On January 31, 2024, UGI Corporation (the “Company”) issued a press release announcing financial results for the Company for the fiscal quarter ended December 31, 2023.

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Source: SEC EDGAR

accession 0000884614-24-000034

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