UGI Corp. (UGI) reported a profit for second quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings totaled $479 million, or $2.19 per share. This compares with $496 million, or $2.30 per share, last year.
Excluding items, UGI Corp. reported adjusted earnings of $484 million or $2.21 per share for the period.
Analysts on average had expected the company to earn $1.81 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 8.1% to $2.666 billion from $2.467 billion last year.
UGI Corp. earnings at a glance (GAAP) :
-Earnings: $479 Mln. vs. $496 Mln. last year.-EPS: $2.19 vs. $2.30 last year.-Revenue: $2.666 Bln vs. $2.467 Bln last year.
-Guidance:Full year EPS guidance: $3.00 - $3.15
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.