Stock Monitor: Brookfield Renewable Partners Post Earnings Reporting

LONDON, UK / ACCESSWIRE / February 16, 2018 / Active-Investors.com has just released a free earnings report on UGI Corp. (NYSE: UGI). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=UGI. The Company posted its financial results on January 31, 2018, for the first quarter of the fiscal year 2018 (Q1 FY18). The Valley Forge, Pennsylvania-based Company reported a y-o-y rise in total revenues and adjusted diluted EPS, outperforming market consensus estimates. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Brookfield Renewable Partners L.P. (NYSE: BEP), which also belongs to the Utilities sector as the Company UGI Corp. Do not miss out and become a member today for free to access this upcoming report at:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, UGI Corp. most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=UGI

Earnings Highlights and Summary

In Q1 FY18, UGI reported total revenues of $2.13 billion, marginally above the $1.68 billion recorded at the end of Q1 FY17. The Company's total revenue numbers topped market expectations of $1.87 billion. In the reported quarter, the Company's total operating income was $391.8 million compared to $466.2 million in the prior year's same quarter.

The natural gas and electric utilities Company reported a net income attributable to common shareholders of $365.9 million, or $2.07 per diluted share, in Q1 FY18 compared to $230.7 million, or $1.30 per diluted share, in Q1 FY17. The Company's adjusted net income attributable to common shareholders increased to $179.3 million, or $1.01 per diluted share, in Q1 FY18 versus $160.9 million, or $0.91 per diluted share, in the previous year's comparable quarter. Meanwhile, market analysts had forecasted adjusted diluted earnings of $0.95 per diluted share for Q1 FY18.

Segment Performance

During Q1 FY18, UGI's AmeriGas Propane segment's revenues came in at $787.3 million compared to $677.2 million in Q1 FY17. The segment's operating income was $147.9 million in Q1 FY18 compared to $141.9 million in the year ago corresponding period. The segment's partnership adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) increased to $194.1 million in the reported quarter from $185.1 million in Q1 FY17. Furthermore, retail gallons sold were 305.0 million in Q1 FY18 versus 305.7 million in Q1 FY18.

UGI's International segment reported revenues of $784.2 million in Q1 FY18, surging 45.5% from $539.1 million in the last year's corresponding quarter. The segment posted an operating income of $93.1 million in Q1 FY18 compared to $88.9 million in Q1 FY17. The segment's adjusted income before income taxes came in at $84.5 million in Q1 FY18 compared to $92.1 million in Q1 FY17. Additionally, LPG retail gallons sold stood at 263.6 million for the reported quarter compared to 254.2 million in Q1 FY17.

UGI's Midstream & Marketing segment's revenues were $328.0 million for the reported quarter, up 21.6% from $269.8 million in Q1 FY17. The segment's operating income grew 5.2% to $52.3 million in Q1 FY18 compared to $49.7 million in Q1 FY17. Furthermore, the segment's income before income taxes increased to $52.6 million from $49.1 million in the prior year's same quarter.

For Q1 FY18, UGI's Utilities segment posted revenues of $323.1 million, surging 23.6% from $261.4 million in Q1 FY17. The segment's operating income was $96.3 million in Q1 FY18 compared to $82.2 million in Q1 FY17. Moreover, the segment's income before income taxes came in at $85.4 million in Q1 FY18, up from $72.2 million in Q1 FY17.

Cash Matters

In the three months ended December 31, 2017, UGI generated $31.4 million in cash from operations versus $126.6 million in the prior year's comparable period. The Company's cash and cash equivalents balance stood at $446.4 million as on December 31, 2017, compared to $515.2 million at the close of books on December 31, 2016. The Company reported a long-term debt balance of $4.06 billion as on December 31, 2017, compared to $3.99 billion as on December 31, 2016.

Dividend

In a separate press release on January 25, 2018, UGI's Board of Directors declared a quarterly dividend of $0.25 per share on the Company's common stock. The dividend is payable on April 01, 2018, to shareholders of record as of March 15, 2018.

Stock Performance Snapshot

February 15, 2018 - At Thursday's closing bell, UGI Corp.'s stock rose 1.23%, ending the trading session at $43.78.

Volume traded for the day: 790.65 thousand shares.

After yesterday's close, UGI Corp.'s market cap was at $7.60 billion.

Price to Earnings (P/E) ratio was at 13.56.

The stock has a dividend yield of 2.28%.

The stock is part of the Utilities sector, categorized under the Diversified Utilities industry. This sector was up 1.9% at the end of the session.

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