Key Developments: UGI Corp (UGI)
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19 Jun 2013
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Latest Key Developments (Source: Significant Developments)
UGI Corp Reaffirms FY 2013 EPS Guidance
UGI Corp announced that for fiscal 2013, it expects to report earnings in the range of $2.40 to $2.50 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.47 for fiscal 2013. Full Article
UGI Corp Reaffirms FY 2013 EPS Guidance
UGI Corp announced that for fiscal 2013, it expects to report earnings in the range of $2.40 to $2.50 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.48 for fiscal 2013. Full Article
UGI Corp Increases Annual Dividend By 4.6%
UGI Corp announced that it has approved an increase in the quarterly dividend of 4.6% to $0.2825 a share on the Company's common stock. The dividend is payable July 1, 2013 to shareholders of record as of June 14, 2013. Full Article
UGI Corp Announces Lon R. Greenberg Retire As Chief Executive Officer Effective April 1, 2013
UGI Corp announced that Lon R. Greenberg will retire as Chief Executive Officer(CEO) effective April 1, 2013. As previously announced, Mr. Greenberg will continue to serve UGI as non-executive Chairman of its Board of Directors. Mr. Greenberg will also serve as non-executive Chairman of the Boards of Directors of AmeriGas Propane, Inc. and UGI Utilities, Inc. John L. Walsh, UGI`s President and Chief Operating Officer, will be named President and CEO of UGI effective April 1, 2013. Full Article
UGI Corp Lowers FY 2013 EPS Guidance
UGI Corp announced that for fiscal 2013, it expects to report earnings in the range of $2.40 to $2.50 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.53 for fiscal 2013. Full Article
UGI Corp Declares Common Dividend
UGI Corp announced that it have declared a quarterly dividend of $0.27 a share on the company`s common stock. The dividend is payable April 1, 2013 to shareholders of record as of March 15, 2013. Full Article
UGI Corp's Subsidiary To Acquire BP's LPG Distribution Business
UGI Corp announced that its subsidiary, Flaga GmbH, has reached a definitive agreement to acquire the liquefied petroleum gas (LPG) distribution business of BP in Poland. BP's Polish LPG business distributed over 150 million gallons of LPG in 2011 and serves the residential, commercial, autogas, and wholesale segments. The transaction is expected to close during the first half of 2013. Terms of the transaction were not disclosed. Full Article
UGI Corp Declares Common Dividend
UGI Corp announced that Directors have declared a quarterly dividend of $0.27 a share on the Company`s common stock. The dividend is payable January 1, 2013 to shareholders of record as of December 14, 2012. Full Article
UGI Corp Reaffirms FY 2013 EPS Guidance
UGI Corp announced that for fiscal 2013, it expects earnings of $2.45-$2.55 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.49 for fiscal 2013. Full Article
UGI Corp Reaffirms FY 2012 Earnings Guidance; Issues FY 2013 EPS Guidance In Line With Analysts' Estimates
UGI Corp announced that it expects to report net income of approximately $1.75 per diluted share for fiscal 2012. Estimated results for the current fiscal year include the after-tax impact of acquisition and transition costs of approximately $13 million ($0.12 per diluted share) associated with the Heritage Propane acquisition at AmeriGas and the Shell acquisition at UGI's International Propane business and the impact of an after-tax loss of $2.2 million, or $0.02 per diluted share, related to the previously-reported early extinguishment of debt at AmeriGas. The Company expects earnings for fiscal 2012 to be in line with previously-issued guidance. For fiscal 2013, assuming normal weather patterns this coming winter, it expects to report earnings in the range of $2.45 to $2.55 per diluted share. This guidance for fiscal 2013 includes the after-tax impact of acquisition and transition costs of approximately $0.03 per share that are expected to be incurred at AmeriGas during the year. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report net income of $203 million for fiscal 2012; EPS of $2.50 for fiscal 2013. Full Article
Earnings vs. 
Estimates
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