Loading...
•
Sep 30, 2023
UGI Q4 2023 Earnings Report
UGI reported a GAAP net loss and an adjusted net income, driven by record earnings in Utilities and Midstream & Marketing segments and actions to alleviate pressures in Global LPG businesses.
Key Takeaways
UGI Corporation reported a GAAP net loss of $(1,502) million and adjusted net income of $613 million for fiscal year 2023. The company issued fiscal 2024 adjusted diluted EPS guidance range of $2.70 - $3.00. Strategic accomplishments included record earnings at the Utilities and Midstream & Marketing segments, and the divestiture of energy marketing businesses in the UK and Belgium.
GAAP net loss of $(1,502) million and adjusted net income of $613 million.
GAAP diluted (loss) earnings per share (“EPS”) of $(7.16) and adjusted diluted EPS of $2.84.
Reportable segments earnings before interest expense and income tax of $1,158 million.
Issued fiscal 2024 adjusted diluted EPS guidance range of $2.70 - $3.00.
Forward Guidance
UGI provides an adjusted EPS guidance range of $2.70 - $3.00 per diluted share for the fiscal year ending September 30, 2024. This guidance range assumes normal weather and the current tax regime.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...