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Jun 30, 2024
UGI Q3 2024 Earnings Report
UGI reported solid third quarter results, reflecting a reduction in operating expenses and strategic execution.
Key Takeaways
UGI reported solid fiscal third quarter results with adjusted diluted EPS of $0.06, demonstrating progress in executing key strategic priorities, including cost savings and stabilization of AmeriGas.
Q3 GAAP diluted EPS was $(0.23) and adjusted diluted EPS was $0.06.
Year-to-date reportable segments EBIT reached $1,185 million.
Operating and administrative expenses decreased by $38 million year-over-year.
Over $1 billion of debt was refinanced year-to-date, with $460 million in debt reduction at AmeriGas Propane.
UGI
UGI
Forward Guidance
UGI expects to be within the fiscal 2024 adjusted diluted EPS guidance range of $2.70 - $3.00 per share.