UGI Corp. Q2 adjusted earnings Beat Estimates

(RTTNews) - UGI Corp. (UGI) announced a profit for its second quarter that increased from last year.

The company's bottom line came in at $276.0 million, or $1.57 per share. This compares with $219.9 million, or $1.24 per share, in last year's second quarter.

Excluding items, UGI Corp. reported adjusted earnings of $298.2 million or $1.69 per share for the period.

Analysts had expected the company to earn $1.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 29.5% to $2.81 billion from $2.17 billion last year.

UGI Corp. earnings at a glance:

-Earnings (Q2): $298.2 Mln. vs. $231.8 Mln. last year. -EPS (Q2): $1.69 vs. $1.31 last year. -Analysts Estimate: $1.53 -Revenue (Q2): $2.81 Bln vs. $2.17 Bln last year.

-Guidance: Full year EPS guidance: $2.70 - $2.80