UGI: Fiscal 3Q Earnings Snapshot
KING OF PRUSSIA, Pa. (AP) _ UGI Corp. (UGI) on Wednesday reported fiscal third-quarter net income of $52.4 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the King Of Prussia, Pennsylvania-based company said it had net income of 30 cents. Earnings, adjusted for one-time gains and costs, came to 9 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.
The natural gas and electric utilities operator. posted revenue of $1.44 billion in the period.
UGI shares have climbed 13 percent since the beginning of the year. The stock has climbed nearly 4 percent in the last 12 months.