UGI Corp Q3 2020 Earnings Call Summary - Thomson StreetEvents

UGI Corp Q3 2020 Earnings Call Summary

UGI Corp Q3 2020 Earnings Call Summary - Thomson StreetEvents
UGI Corp Q3 2020 Earnings Call Summary
Published Aug 04, 2020
19 pages (10916 words) — Published Aug 04, 2020
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About This Report

  
Abstract:

Edited Brief of UGI.N earnings conference call or presentation 4-Aug-20 1:00pm GMT

  
Brief Excerpt:

...A. Highlights: Co. was pleased with strong 3Q performance and increased full-year guidance to a range of $2.45-2.55. 1. This was a particularly significant qtr., as Co. addresses challenges of COVID-19, steps forward with Co.'s efforts to help address systemic racism, and maintained focus on safe and secure operations. a. 2. Delivered strong results as a combination of colder than normal weather, rigorous expense and margin management and positive contributions of LPG restructuring programs, underpinned strong earnings, cash flow, and liquidity. 3. Teams demonstrated their focus and resiliency as Co. addresses these major challenges in a qtr. that was unlike any qtr. in 138 year history. 4. Results clearly demonstrate the strength and resiliency of businesses. Each of Co.'s three domestic businesses delivered increased operating income vs. 3Q19. a. b. UGI International performed well despite the challenges of another very warm qtr. c. In addition to strong earnings performance, delivered...

  
Report Type:

Brief

Source:
Company:
UGI Corp
Ticker
UGI.N
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "UGI Corp Q3 2020 Earnings Call Summary" Aug 04, 2020. Alacra Store. May 24, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2020-UGI-Corp-Earnings-Call-B13262739>
  
APA:
Thomson StreetEvents. (2020). UGI Corp Q3 2020 Earnings Call Summary Aug 04, 2020. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2020-UGI-Corp-Earnings-Call-B13262739>
  
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