Categories AlphaGraphs, Earnings, Energy

UGI Earnings: Highlights of UGI Corporation’s 3Q 2023 financial results

Energy company UGI Corporation (NYSE: UGI) reported a double-digit fall in revenues for the third quarter of 2023. The company also provided guidance for the full fiscal year.

UGI Corp. Q3 2023 earnings infographic

On an adjusted basis, it was breakeven for the June quarter, compared to earnings of $0.06 per share a year earlier. On a reported basis, the net loss widened to $789 million or $3.76 per share in Q3 from $7 million or $0.03 per share in the third quarter of 2022.

The bottom line was negatively impacted by an 18% fall in revenues to $1.66 billion. All operating segments, except Utilities, declined. For fiscal 2023, the management expects adjusted earnings per share to be in the range of $2.75 per share to $2.90 per share.

Prior Performance

  • UGI Corporation Q1 2023 earnings infographic
  • UGI-Corp.-Q4-2022-Earnings-IG
  • UGI-Corp.-Q3-2022-Earnings-IG

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Intuit looks to end FY24 on a high note, focused on AI and assisted segment

Intuit Inc. (NASDAQ: INTU), the maker of popular accounting software TurboTax and QuickBooks, has reported better-than-expected third-quarter results and mixed guidance. Currently, the company's investments are focused on data and

A glimpse into Macy’s (M) progress on its Bold New Chapter

Shares of Macy’s, Inc. (NYSE: M) were up over 1% on Friday. The stock has gained 9% over the past one month. Earlier this week, the retailer delivered first quarter

Earnings Summary: BJ’s Wholesale Club (BJ) reports Q1 2024 results

Department store chain BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) has announced results for the first quarter of 2024, reporting an increase in net sales. Q1 earnings, on a per-share basis,

Add Comment
Viewing Highlight