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UGI Corp (UGI)
NYSE:UGI
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.11Last Year’s EPS
1.2Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 12, 2018
|% Change Since: 22.62%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Positive
The earnings call reflected a strong financial performance with significant cost savings and ESG achievements. However, it also highlighted challenges such as impairments and volume declines at AmeriGas. Overall, the highlights slightly outweigh the lowlights.Company Guidance
During the UGI Corporation Q3 2024 earnings call, the executives provided guidance and updates on several financial metrics and strategic initiatives. UGI reported an adjusted earnings per share (EPS) of $0.06 for the fiscal third quarter, up from $0.00 in the prior year, and a year-to-date adjusted diluted EPS of $3.22. The company maintained a strong balance sheet with available liquidity of $1.9 billion and achieved significant cost savings, targeting $70 million to $100 million in permanent savings by fiscal 2025. UGI's guidance for fiscal 2024 remains on track with an adjusted EPS range of $2.70 to $3.00. The company also highlighted progress in portfolio optimization, including the divestment of Hunlock Creek and the sale of its LPG business in Switzerland, aiming to raise approximately $80 million from divestitures. Additionally, UGI achieved a 50% reduction in Scope 1 emissions and a 25% improvement in spending with diverse suppliers, aligning with its ESG commitments. Capital expenditures reached approximately $510 million year-to-date, with 77% allocated to regulated utility infrastructure and midstream marketing investments. UGI's leverage ratio improved to 3.9x, and AmeriGas's leverage stood at 4.9x, following strategic debt reduction initiatives.Strong Financial Performance
UGI reported adjusted EPS of $0.06 for Q3 2024, up from $0.00 in the prior year. Year-to-date adjusted EPS is $3.22, one of the strongest performances in UGI's history.
Significant Cost Savings
UGI achieved a $54 million reduction in operating and administrative expenses year-to-date and expects $70 million to $100 million in permanent cost savings by fiscal 2025.
ESG Achievements
UGI achieved a 50% reduction in Scope 1 emissions, aiming for a 55% reduction by the end of fiscal 2025, and improved spend with diverse suppliers by 25%, two years ahead of schedule.
Portfolio Optimization
UGI Energy Services entered into a stock purchase agreement to divest Hunlock Creek and completed the sale of the LPG business in Switzerland, anticipating $80 million in cash proceeds from divestitures.
Balance Sheet Improvement
UGI had available liquidity of $1.9 billion and executed financial transactions to strengthen the balance sheet, reducing absolute debt by approximately $300 million since fiscal 2023.
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UGI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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UGI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 21, 2024 | $24.45 | $28.12 | +15.01% |
| Aug 07, 2024 | $23.66 | $22.75 | -3.85% |
| May 01, 2024 | $24.73 | $23.14 | -6.43% |
| Jan 31, 2024 | $20.84 | $23.62 | +13.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does UGI Corp (UGI) report earnings?
UGI Corp (UGI) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is UGI Corp (UGI) earnings time?
UGI Corp (UGI) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UGI EPS forecast?
UGI EPS forecast for the fiscal quarter 2025 (Q1) is 1.11.
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