UGI Corp. (UGI) Tops Q1 EPS by 13c, Revenues Miss

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UGI Reports First Quarter Results

February 5, 2020 4:18 PM EST

VALLEY FORGE, Pa.--(BUSINESS WIRE)-- UGI Corporation (NYSE: UGI) today reported financial results for the fiscal quarter ended December 31, 2019.

HIGHLIGHTS

GAAP EPS of $1.00 and adjusted EPS of $1.17 per diluted share compared to GAAP EPS of $0.36 and adjusted EPS of $0.81 per diluted share in the prior-year period. Reportable segments earnings before interest expense and income taxes of $418.7 million compared to $345.6 million in the prior-year period. Gas Utility's new base rates went into effect on October 11, 2019. Auburn IV expansion completed on time and... More