UGI: Fiscal 1Q Earnings Snapshot
KING OF PRUSSIA, Pa. (AP) _ UGI Corp. (UGI) on Tuesday reported fiscal first-quarter earnings of $64.2 million.
The King Of Prussia, Pennsylvania-based company said it had net income of 36 cents per share. Earnings, adjusted for non-recurring costs, came to 81 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.12 per share.
The natural gas and electric utilities operator. posted revenue of $2.2 billion in the period.
UGI shares have risen nearly 7 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $56.93, a rise of 27 percent in the last 12 months.