UGI's revenue and expenses in Q1 2025 showed notable shifts compared to the previous quarter, Q1 2024:
- Revenue Shift:
- UGI's revenue in Q1 2025 was $2.03 billion12.
- In Q1 2024, the revenue was $2.12 billion56.
- This indicates a decline in revenue, which missed the Zacks Consensus Estimate of $2.15 billion by 5.5%34.
- The decrease in revenue can be attributed to factors such as warmer-than-normal temperatures, which impacted energy demand76.
- Expense Shift:
- UGI's expenses in Q1 2025 are not available8.
- In Q1 2024, the company's interest expenses were $100 million5.
- The absence of Q1 2025 expense data prevents a direct comparison of interest expenses between the two quarters.
- Net Income and EPS:
- UGI reported a net income of $375 million in Q1 2025, with adjusted diluted EPS of $1.37, which beat the Zacks Consensus Estimate of $1.21 by 13.2%12.
- In Q1 2024, the net income was $94 million, with adjusted diluted EPS of $1.2056.
- The significant increase in net income and EPS in Q1 2025 reflects strong performance in its natural gas and international propane businesses9.
- Segmental Performance:
- UGI's AmeriGas Propane segment experienced a 4.2% increase in EBIT in Q1 2025 compared to the previous year34.
- The UGI International segment saw a 5.9% decrease in EBIT34.
- The Midstream & Marketing segment had a 6.9% decrease in EBIT34.
- The UGI Utilities segment showed a 4.4% increase in EBIT34.
In conclusion, UGI's Q1 2025 financials reflect a company that has managed to increase its net income and EPS despite a decline in revenue compared to Q1 2024. The variance in segmental performance indicates a strategic focus on specific business areas to drive profitability.