AmeriGas Partners (APU) Misses Q1 EPS by 17c

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UBS Remains Sidelined on Amerigas Partners (APU) Following 1Q Results

February 2, 2016 9:18 AM EST

UBS maintained a Neutral rating on AmeriGas Partners (NYSE: APU), and cut the price target to $39.00 (from $41.50), following the company's 1Q earnings report. APU reported adjusted EBITDA of $177.7MM, below consensus estimates of $188.3MM. Lower than expected costs, offset weaker than expected sales volumes, to... More