UGI Corporation (NYSE:UGI) 3Q20 Earnings Sneak Preview

90

UGI Corporation (NYSE:UGI) is reporting third quarter financial results on Monday 3rd August 2020, after market close.

According to analysts surveyed by Thomson Reuters, UGI is expected to report 3Q20 loss of $ 0.16 per share from revenue of $ 1475.42 million.

For the full year, analysts anticipate top line of $ 6906.62 million, while looking forward to income of $ 2.22 per share bottom line.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 2.45 ~ $ 2.55 per share

Click Here For More Historical Outlooks Of UGI Corporation

Previous Quarter Performance

UGI Corporation recorded income for the second quarter of $ 1.56 per share, from the revenue of $ 2,229.00 million. The quarterly earnings escalated 9.09 percent compared with the same quarter last year. The consensus estimates are income of $ 1.52 per share from $ 2503.93 million in revenue. The bottom line results beat street analysts by $ 0.04 or 2.63 percent, at the same time, top line results fell short of analysts by $ 274.93 million or 10.98 percent.

Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!

Click Here For More Historical Earnings Of UGI Corporation

Stock Performance

According to the previous trading day, closing price of UGI was $ 33.34, representing a 53.29 % increase from the 52 week low of $ 21.75 and a 34.81 % decrease over the 52 week high of $ 51.14.

The company has a market capital of $ 6.94 billion and is part of the Utilities sector and Utilities—Regulated Gas industry.

[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”UGI” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]

UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. It distributes propane to approximately 1.7 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,900 propane distribution locations; and sells, installs, and services propane appliances, including heating systems and propane-powered generators.