UGI Reports Fiscal 2016 Second Quarter Earnings; Updates Guidance
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UGI Corp (UGI) Misses Q2 EPS by 1c, Revises Outlook
May 3, 2016 7:56 AM EDTAfter the close, UGI Corp (NYSE: UGI) reported Q2 EPS of $1.24, $0.01 worse than the analyst estimate of $1.25. Revenue for the quarter came in at $1.97 billion versus the consensus estimate of $2.58 billion.
John L. Walsh, president and chief executive officer of UGI, said, This was a solid quarter as our business delivered earnings that were in-line with the prior year despite significantly warmer weather. Temperatures in our Gas Utility and Midstream and Marketing service territories... More
