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UGI reports fourth quarter net income of 10 cents a share, including gain


Published :
Wed, 14 Nov 2007 14:36
By : Agencies
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NEW YORK (Thomson Financial) - UGI Corp. Wednesday reported fourth-quarter earnings of 10 cents a share, including a gain of 12 cents a share from the previously-announced sale of AmeriGas's Arizona propane storage terminal.

The mean estimate of analysts polled by Thomson Financial was for a loss of 3 cents a share.

The company reaffirmed its outlook for 2008 earnings of $1.95 to $2.05 a share. Analysts are expecting earnings of $1.97 a share for 2008.

Shares of UGI closed at $26.48 on Tuesday.

Christie Rizk

cr/pc

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Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.




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