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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