UGI (UGI) Reports Q4 Loss, Lags Revenue Estimates

Core Insights - UGI reported a quarterly loss of $0.16 per share, better than the Zacks Consensus Estimate of a loss of $0.30, representing an earnings surprise of 46.67% [1] - The company posted revenues of $1.24 billion for the quarter ended September 2024, missing the Zacks Consensus Estimate by 19.50% and down from $1.4 billion year-over-year [2] - UGI has surpassed consensus EPS estimates for the last four quarters but has not beaten revenue estimates during the same period [2] Company Performance - UGI shares have declined approximately 1.2% year-to-date, contrasting with the S&P 500's gain of 24.1% [4] - The current consensus EPS estimate for the upcoming quarter is $1.27 on revenues of $2.15 billion, and for the current fiscal year, it is $3.14 on revenues of $7.64 billion [8] Industry Context - The Utility - Gas Distribution industry, to which UGI belongs, is currently ranked in the bottom 46% of over 250 Zacks industries, indicating potential challenges ahead [9] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact UGI's stock performance [6]