* UGI Corp reported a quarterly adjusted loss of 16 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of three analysts for the quarter was for a loss of 29 cents per share. Wall Street expected results to range from -31 cents to -26 cents per share.
* Revenue fell 11.5% to $1.24 billion from a year ago; analysts expected $1.65 billion.
* UGI Corp's reported EPS for the quarter was a loss of $1.27.
* The company reported a quarterly loss of $273 million.
* UGI Corp shares had fallen by 2.8% this quarter and lost 1.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 16% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the natural gas utilities peer group is also "buy"
Wall Street's median 12-month price target for UGI Corp is $28.50 This summary was machine generated from LSEG data November 21 at 10:41 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.29 -0.16 Beat
Jun. 30 2024 -0.06 0.06 Beat
Mar. 31 2024 1.64 1.97 Beat
Dec. 31 2023 1.05 1.20 Beat
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