UGI Corporation (NYSE:UGI) is set to announce fourth quarter earning results on Wednesday 18th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, UGI to report 4Q20 loss of $ 0.3 per share.
For the full year, analysts anticipate top line of $ 6651.52 million, while looking forward to income of $ 2.47 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 2.45 ~ $ 2.55 per share
Click Here For More Historical Outlooks Of UGI Corporation
Previous Quarter Performance
UGI Corporation unfold income for the third quarter of $ 0.08 per share, from the revenue of $ 1,199.00 million. The quarterly earnings shrunk 38.46 percent while revenues fell 12.08 percent compared with the same quarter last year.
According to street consensus, UGI was expected to report 3Q20 loss of $ 0.16 per share from revenue of $ 1475.42 million. The bottom line results beat street analysts by $ 0.24 or 150.00 percent, at the same time, top line results fell short of analysts by $ 276.42 million or 18.74 percent.
Stock Performance
Shares of UGI Corporation traded low $ -0.53 or -1.44 percent on Tuesday, reaching $ 36.26 with volume of 1.18 million shares. UGI Corporation has traded high as $ 36.59 and has cracked $ 35.64 on the downward trend
According to the previous trading day, closing price of $ 36.26, representing a 69.15 % increase from the 52 week low of $ 21.75 and a 19.51 % decrease over the 52 week high of $ 45.71.
The company has a market capital of $ 7.55 billion and is part of the Utilities sector and Utilities—Regulated Gas industry.
UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. It distributes propane to approximately 1.7 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,900 propane distribution locations; and sells, installs, and services propane appliances, including heating systems and propane-powered generators.
