Core Insights - UGI Corporation reported fiscal third-quarter 2024 operating earnings of 6 cents per share, exceeding the Zacks Consensus Estimate of a loss of 5 cents per share by 220% and improving from break-even earnings in the same quarter last year [1] Total Revenues - Total revenues for the quarter were $1.38 billion, missing the consensus estimate of $1.67 billion by 17.3% and declining 16.9% from $1.66 billion in the year-ago quarter [2] Segmental Results - **AmeriGas Propane**: Revenues of $445 million, down 13.4% year over year, with retail gallons sold decreasing 12.9% due to warmer weather and customer attrition [3] - **UGI International**: Revenues of approximately $455 million, down 25.5% from the previous year, with retail volume decreasing 3.8% [3] - **Midstream & Marketing**: Revenues of $253 million, down 9.3% year over year [3] - **UGI Utilities**: Sales of $257 million, down 7.6% from the year-ago period [4] - **Corporate & Other**: This segment incurred a loss of $30 million, wider than the prior-year loss of $23 million [4] Highlights of the Release - The company reported strong third-quarter results driven by record earnings from natural gas businesses and improved results from UGI International [5] - Operating and administrative expenses decreased by $38 million year-over-year [5] - Total interest expenses remained flat at $96 million compared to the previous year [5] Debt Management - The company has refinanced over $1 billion of debt this year and reduced approximately $460 million of debt at AmeriGas Propane [6] Guidance - UGI anticipates fiscal 2024 adjusted earnings to be in the range of $2.70-$3.00 per share, with the Zacks Consensus Estimate at $2.92 per share, higher than the midpoint of the company's guidance [7]

Press Release UGI Reports Fiscal 2024 Third Quarter Results August 7, 2024 VALLEY FORGE, PA - UGI Corporation (NYSE: UGI) today reported financial results for the fiscal quarter ended June 30, 2024. HIGHLIGHTS • Q3 GAAP diluted EPS of $(0.23) and adjusted diluted EPS of $0.06 compared to GAAP diluted EPS of $(3.76) and adjusted diluted EPS of $0.00 in the prior-year period. • Year-to-date GAAP diluted EPS of $2.52 and adjusted diluted EPS of $3.22 compared to GAAP diluted EPS of $(7.78) and adjusted diluted ...

Based in King Of Prussia, UGI (UGI) is in the Utilities sector, and so far this year, shares have seen a price change of -0.08%. The natural gas and electric utilities operator. Is currently shelling out a dividend of $0.38 per share, with a dividend yield of 6.1%. This compares to the Utility - Gas Distribution industry's yield of 3.69% and the S&P 500's yield of 1.56%. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution ...

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days ...

Xesai/iStock via Getty Images UGI: Investment Thesis There are a number of factors I believe are likely to cause an improvement in UGI Corporation (NYSE:UGI) share price in the period ahead. These include - UGI: Market sentiment UGI: Assessing the direction of market sentiment - Quant assessment at Jul. 12, 2024. | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------|-------|-------|-------|-----------------|-------|-------|-------| | Ratings Summary | | | 7 | Ratings Summary | | | | | | HOLD ...

Let's focus on the factors that make this Zacks Rank #2 (Buy) company a robust investment pick at the moment. The Zacks Consensus Estimate for fiscal 2024 earnings per share (EPS) has moved up 0.7% in the past 90 days to $2.92. The company delivered an average earnings surprise of 19.1% in the last four quarters. ROE indicates how efficiently a company has been utilizing the funds to generate higher returns. Currently, UGI's ROE is 15.78%, higher than the industry's average of 9.7%. This indicates that the ...

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality val ...

Price Performance A few other top-ranked stocks from the same sector are Atmos Energy (ATO) , MDU Resources (MDU) and PG&E (PCG) , each holding a Zacks Rank #2 at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Let's focus on the factors that make this Zacks Rank #2 (Buy) company a robust investment pick at the moment. The Zacks Consensus Estimate for fiscal 2024 and 2025 earnings per share (EPS) has moved up 2.1% and 4.1% respectively in the past 90 days. Investmen ...

By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. Studies have shown that stocks with the best growth features consistently outperform the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy). Arguably nothing is more important than earnings growth, as surging profit levels is w ...

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels. On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want t ...