AmeriGas Partners (APU) Misses Q1 EPS by 17c
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AmeriGas Partners Reports Fiscal 2016 First Quarter Earnings
February 1, 2016 6:15 PM ESTVALLEY FORGE, Pa.--(BUSINESS WIRE)-- AmeriGas Propane, Inc., general partner of AmeriGas Partners, L.P. (NYSE: APU), reported adjusted net income attributable to AmeriGas Partners for the quarter ended December 31, 2015 of $86.5 million, compared to adjusted net income of $97.3 million for the quarter ended December 31, 2014. Adjusted net income attributable to AmeriGas Partners eliminates the impact of mark-to-market changes in commodity derivative instruments not associated with current period transactions. Most of the mark-to-market adjustments relate to our normal business practice of hedging fixed-price commitments to our customers. On a GAAP basis, including the impact of such... More
UGI Reports Fiscal 2016 First Quarter Earnings
February 1, 2016 6:15 PM ESTFiscal 2016 First Quarter Highlights
Adjusted net income of $112.4 million or $0.64 per diluted share compared to $118.7 million or $0.68 per diluted share in the prior year, despite significantly warmer weather GAAP net income of $114.6 million or $0.65 per diluted share compared to $34.1 million or $0.19 per diluted share in the prior year Finagaz acquisition progressing as planned On January 19, 2016, UGI Gas filed its first rate case in 21 yearsVALLEY FORGE, Pa.--(BUSINESS WIRE)-- UGI Corporation (NYSE: UGI) today... More
