UGI Q4 Profit Rises

(RTTNews) - UGI Corp. (UGI) Monday reported fourth-quarter profit of $24.4 million or $0.14 per share, up from $5.0 million or $0.03 per share last year.

On average, 5 analysts polled by Thomson Reuters expected UGI to report loss of $0.04 per share. Analysts' estimates typically exclude one-time items.

Revenues grew to $1.27 billion from $1.11 billion last year. Analysts had a consensus revenue estimate of $1.22 billion for the quarter.

Looking ahead, UGI provided an adjusted earnings guidance of $2.75 to $2.95 per share for fiscal year 2019. Analysts currently estimate earnings of $2.88 per share for 2019.