UGI (US:UGI) ZACKSยท2025-05-08 16:45Core Insights - UGI Corporation reported strong second-quarter fiscal 2025 operating earnings of $2.21 per share, exceeding the Zacks Consensus Estimate of $1.80 by 22.8% and up from $1.97 in the same quarter last year [1] - Total revenues for the quarter were $2.67 billion, slightly missing the Zacks Consensus Estimate of $2.70 billion by 1.1%, but representing an 8.1% increase from $2.47 billion in the prior year [2] Financial Performance - UGI's GAAP earnings per share for the second quarter were $2.19, down from $2.30 in the year-ago quarter [1] - Earnings before interest expense and income tax (EBIT) for the quarter were $696 million, a decrease of 4.5% from $729 million in the previous year [4] Segment Performance - AmeriGas Propane reported EBIT of $154 million, an increase of 11.6% year-over-year [5] - UGI International's EBIT was $143 million, up 9.2% from the previous year [5] - Midstream & Marketing segment reported EBIT of $154 million, a slight increase of 0.7% year-over-year [5] - UGI Utilities achieved EBIT of $241 million, reflecting a 6.6% increase from the prior year [5] Investment and Growth - UGI invested $160 million in the second quarter, with 79% allocated to natural gas [3] - The company added over 6,600 residential heating and commercial customers year-to-date [3] - UGI completed the construction of the Manning LNG facility, doubling its capacity to 20,000 dekatherms per day [3] Guidance and Outlook - UGI raised its fiscal 2025 adjusted earnings guidance to a range of $3-$3.15 per share, up from the previous range of $2.75-$3.05, with the Zacks Consensus Estimate at $3.06 per share [6] - The increase in guidance is attributed to colder-than-normal weather, operational improvements at AmeriGas, and minimal impact from facility damage at UGI International [6] Market Position - UGI currently holds a Zacks Rank 2 (Buy), indicating a favorable outlook in the market [7]