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UGI Fiscal Q2 Adjusted Earnings Increase, Revenue Falls
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UGI Fiscal Q2 Adjusted Earnings Increase, Revenue Falls
May 2, 2024 3:17 AM

05:53 AM EDT, 05/02/2024 (MT Newswires) -- UGI (UGI) reported fiscal Q2 adjusted earnings late Wednesday of $1.97 per diluted share, up from $1.68 a year earlier.

Three analysts polled by Capital IQ expected $1.64.

Revenue for the quarter ended March 31 was $2.47 billion, down from $3.11 billion a year earlier.

One analyst surveyed by Capital IQ expected $3.07 billion.

The company kept its quarterly dividend at $0.375 per share, payable July 1 to shareholders of record as of June 14.

It also affirmed its fiscal 2024 adjusted diluted EPS guidance range of $2.70 to $3. Three analysts polled by Capital IQ expect $2.85.

Price: 24.75, Change: -1.14, Percent Change: -4.40

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