UGI Corp. Does Not Expect Selling French Energy Marketing Business In Q1; Backs FY23 Outlook

RTTNews | vor 901 Tagen
Stocktwits
UGI Corp. Does Not Expect Selling French Energy Marketing Business In Q1; Backs FY23 Outlook

(RTTNews) - UGI Corp. (UGI) announced Friday that it no longer expects to sell its French energy marketing business in the first quarter of fiscal 2023, as extended negotiations with the potential buyer have been discontinued.

The company said the delay in exiting this business will not have an impact on our previously announced fiscal 2023 adjusted earnings per share guidance in the range of $2.85 to $3.15, which includes $0.10 to $0.12 loss from the non-core European energy marketing business.

On average, four analysts polled by Thomson Reuters expect the company to report earnings of $2.84 per share for the year. Analysts' estimates typically exclude one-time items.

The company also reinforced its long-term financial commitments of 6 to 10 percent earnings per share growth and 4 percent dividend growth.

Tags: UGI
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Singapore GDP Climbs 3.9% On Year In Q1

Singapore GDP Climbs 3.9% On Year In Q1

Singapore's gross domestic product expanded 3.9 percent on year in the first quarter of 2025, the Ministry of Trade and Industry said on Thursday.
RTTNews | vor 22 Minuten
Singapore Bourse May Be Stuck In Neutral

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The Singapore stock market has ticked higher in back-to-back sessions, collecting just 6 points or 0.15 percent in that span. The Straits Times Index now sits just above the 3,880-point plateau, although it may spin its wheels on Thursday.
RTTNews | vor 27 Minuten
Japan Core Machinery Orders Surge In March

Japan Core Machinery Orders Surge In March

The total value of core machinery orders in Japan spiked 13.0 percent on month in March, the Cabinet Office said on Thursday - coming in at 1,090.9 billion.
RTTNews | vor 31 Minuten
Losing Streak May Continue For Malaysia Stock Market

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RTTNews | vor 57 Minuten
Japan Stock Market May Extend Wednesday's Losses

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The Japanese stock market moved back to the downside again on Wednesday, one day after ending the four-day losing streak in which it had slumped more than 700 points or 2 percent. The Nikkei 225 now sits just beneath the 37,300-point plateau and it may take further damage again on Thursday.
RTTNews | vor 1Std 12 Minuten
South Korea Shares May Open In The Red On Thursday

South Korea Shares May Open In The Red On Thursday

The South Korea stock market on Wednesday ended the two-day slide in which it had slipped more than 25 points or 0.9 percent. The KOSPI now rests just above the 2,625-point plateau, although it's likely to hand back those gains again on Thursday.
RTTNews | vor 1Std 27 Minuten
Japan Core Machinery Order Data Due On Thursday

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apan will on Thursday release March figures for core machinery orders, highlighting a busy day for Asia-Pacific economic activity. Orders are expected to slip 1.5 percent on month and 2.5 percent on year after rising 4.3 percent on month and 1.5 percent on year in February.
RTTNews | vor 2Std 27 Minuten
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