UGI Q3 Loss Narrower Than Expected, Revenues Miss Estimates

Core Insights - UGI Corporation reported a narrower operating loss of $0.01 per share for Q3 fiscal 2025, compared to a loss of $0.12 estimated by Zacks Consensus, and a profit of $0.06 in the same quarter last year [1] - Total revenues for UGI were $1.39 billion, missing the Zacks Consensus Estimate of $1.44 billion by 3.4%, but showing a 1% increase from $1.38 billion in the previous year [2] Financial Performance - UGI's year-to-date investments reached $605 million, with 80% allocated to natural gas operations [3][8] - Interest expenses increased to $101 million from $96 million year-over-year [3] - Loss before interest expense and income tax for Q3 was $127 million, compared to earnings of $41 million in the prior year [3] Segment Performance - AmeriGas Propane reported an operating loss of $28 million, slightly worse than the $27 million loss in the previous year [4] - UGI International's EBIT was $43 million, down 24.6% from the prior year [4] - Midstream & Marketing segment's EBIT declined by 37.2% to $27 million [4] - UGI Utilities reported EBIT of $30 million, a decrease of 23.1% year-over-year [5] Guidance and Outlook - UGI anticipates achieving the upper end of its fiscal 2025 adjusted earnings range of $3.00 to $3.15 per share, with the Zacks Consensus Estimate at $3.13 [6][8] - The company currently holds a Zacks Rank 2 (Buy) [6]