UGI Q3 adjusted loss narrows but revenue misses on LPG weakness

Zacks Investment Research··US·Read original
2▲0 ▼1Impact / 5
Summary · why it matters

UGI Corporation reported a fiscal third-quarter adjusted loss of 20 cents per share, beating the Zacks Consensus Estimate of a loss of 35 cents, while revenue of $1.33 billion missed the $1.55 billion estimate. The adjusted loss widened from a loss of 1 cent per share a year ago, and GAAP loss per share was 62 cents compared with a loss of 76 cents in the prior-year quarter. Lower propane volumes pressured results, with retail gallons sold falling 10% at both AmeriGas Propane and UGI International. The company reaffirmed its fiscal 2026 adjusted EPS guidance of $2.75 to $2.90, and a recommended $65 million Pennsylvania gas rate settlement is pending regulatory approval.

Impact on assets 4

Energy Transition & Power Demand▼
UGI Corporation
UGI
▼ NegativeDemandrelevance

Lower propane volumes pressured results, with retail gallons sold falling 10% at both AmeriGas Propane and UGI International.