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UGI: Fiscal 4Q Earnings Snapshot

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KING OF PRUSSIA, Pa. (AP) _ UGI Corp. (UGI) on Wednesday reported fiscal fourth-quarter net income of $9 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the King Of Prussia, Pennsylvania-based company said it had profit of 4 cents. Losses, adjusted for non-recurring gains, were 14 cents per share.

The natural gas and electric utilities operator. posted revenue of $1.12 billion in the period.

For the year, the company reported profit of $532 million, or $2.54 per share. Revenue was reported as $6.56 billion.

UGI expects full-year earnings in the range of $2.65 to $2.95 per share.

UGI shares have declined 22% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $35.45, a decline of 19% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UGI at https://www.zacks.com/ap/UGI