Equity Profile

UGI

UGI Corporation

UtilitiesGas Utilities$7.6B

Aug5Wed

Pre-Earnings Brief

UpcomingQ3-2026After Close5:00 PM EDT

Company Snapshot

UGI Corporation is a utility company primarily involved in the distribution of natural gas. With a market cap of $8 billion, it plays a crucial role in providing energy solutions, especially as the demand for cleaner energy sources continues to grow.

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability, and this quarter, UGI is expected to report a loss.

$-0.46

Revenue

Revenue figures provide insight into the company's sales performance and overall business health.

$1.4B

Wall Street expectations, options signals, track record, and call prep available with Pro.

UGI Q3-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+255.05%

Avg Stock Reaction

+0.54%

Last Quarter Recap

In Q2-2026, UGI reported an EPS of $2.09, which was lower than the expected $2.27, leading to a slight decline in stock price. The company did not provide revenue figures for the quarter.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts are anticipating a challenging quarter for UGI, with expected losses reflected in the consensus EPS. The market is closely watching how the company navigates current economic pressures.

Bull Case

If UGI can exceed expectations and show resilience in its revenue despite the anticipated loss, it may signal strong operational management and potential recovery.

Bear Case

Conversely, if the company reports a larger loss than expected or fails to address operational challenges, it could lead to further declines in investor confidence.

Key Metrics to Watch

EPS

$-0.46

Earnings per share is a key indicator of profitability, and this quarter, UGI is expected to report a loss.

Revenue

$1.4B

Revenue figures provide insight into the company's sales performance and overall business health.

Expectations

Two Questions That Matter

The print will turn on these two things.

What specific factors contributed to the expected EPS loss of $-0.46?

Understanding the reasons behind the anticipated loss will help investors gauge the company's operational health and future prospects.

How does UGI plan to address revenue challenges in the current economic climate?

Insight into revenue strategies will be crucial for assessing the company's ability to recover and grow in a competitive market.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus is overly pessimistic about UGI's ability to manage costs and maintain revenue, given the company's history of surprising performance.

Supporting Evidence

UGI has a history of beating EPS expectations 63% of the time, suggesting potential for positive surprises.

The options market is pricing a significant move, indicating that investors expect volatility that may not align with the consensus view.

Key Risk

If the company can demonstrate effective cost management and revenue stability, it could challenge the current negative sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating UGI's ability to manage costs and maintain revenue in a challenging economic environment.

Bull Confirmed If

A revenue figure exceeding $1.4 billion would indicate stronger-than-expected demand and operational efficiency.

Bear Confirmed If

An EPS loss greater than $-0.46 would raise concerns about the company's financial stability and management effectiveness.

Pre-Earnings Positioning

Options Market

Implied Move

±12.31%

Historical Avg

±0.8%

Pricing rich

The options market is pricing in a significant potential move following the earnings report, indicating heightened uncertainty among investors.

Options are pricing ±12.3% while UGI has averaged ±0.8% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

33.3%

Calls (2K)P/C Ratio: 0.10Puts (2K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich in Utilities

n=30

Fade rate: 15 of 30 (50%)

This setup has occurred 30 times across Utilities in the last 2 years. 15 of 30 faded and 15 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 2.7%, with a raw directional average of -0.8% (modestly negative historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If UGI beats expectations and raises guidance, history suggests a potential stock increase of around +0.84%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting uncertainty about future performance.

Miss

A miss on earnings could lead to a decline, with historical patterns indicating an average drop of +0.04%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on how UGI plans to manage costs amidst rising inflation.
2Any updates on new customer acquisition or retention strategies.
3Insights into regulatory changes that may impact operations.
4Discussion on long-term growth initiatives and capital investments.
5Management's outlook on the energy market and its implications for UGI's future.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Aug3

ONBMO

ON Semiconductor Corporation

PreviewView

Aug3

LBMO

Company Snapshot

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability, and this quarter, UGI is expected to report a loss.

$-0.46

Revenue

Revenue figures provide insight into the company's sales performance and overall business health.

$1.4B

Wall Street expectations, options signals, track record, and call prep available with Pro.

UGI Q3-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+255.05%

Avg Stock Reaction

+0.54%

Last Quarter Recap

In Q2-2026, UGI reported an EPS of $2.09, which was lower than the expected $2.27, leading to a slight decline in stock price. The company did not provide revenue figures for the quarter.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts are anticipating a challenging quarter for UGI, with expected losses reflected in the consensus EPS. The market is closely watching how the company navigates current economic pressures.

Bull Case

If UGI can exceed expectations and show resilience in its revenue despite the anticipated loss, it may signal strong operational management and potential recovery.

Bear Case

Conversely, if the company reports a larger loss than expected or fails to address operational challenges, it could lead to further declines in investor confidence.

Key Metrics to Watch

EPS

$-0.46

Earnings per share is a key indicator of profitability, and this quarter, UGI is expected to report a loss.

Revenue

$1.4B

Revenue figures provide insight into the company's sales performance and overall business health.

Expectations

Two Questions That Matter

The print will turn on these two things.

What specific factors contributed to the expected EPS loss of $-0.46?

Understanding the reasons behind the anticipated loss will help investors gauge the company's operational health and future prospects.

How does UGI plan to address revenue challenges in the current economic climate?

Insight into revenue strategies will be crucial for assessing the company's ability to recover and grow in a competitive market.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus is overly pessimistic about UGI's ability to manage costs and maintain revenue, given the company's history of surprising performance.

Supporting Evidence

UGI has a history of beating EPS expectations 63% of the time, suggesting potential for positive surprises.

The options market is pricing a significant move, indicating that investors expect volatility that may not align with the consensus view.

Key Risk

If the company can demonstrate effective cost management and revenue stability, it could challenge the current negative sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating UGI's ability to manage costs and maintain revenue in a challenging economic environment.

Bull Confirmed If

A revenue figure exceeding $1.4 billion would indicate stronger-than-expected demand and operational efficiency.

Bear Confirmed If

An EPS loss greater than $-0.46 would raise concerns about the company's financial stability and management effectiveness.

Pre-Earnings Positioning

Options Market

Implied Move

±12.31%

Historical Avg

±0.8%

Pricing rich

The options market is pricing in a significant potential move following the earnings report, indicating heightened uncertainty among investors.

Options are pricing ±12.3% while UGI has averaged ±0.8% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

33.3%

Calls (2K)P/C Ratio: 0.10Puts (2K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich in Utilities

n=30

Fade rate: 15 of 30 (50%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If UGI beats expectations and raises guidance, history suggests a potential stock increase of around +0.84%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting uncertainty about future performance.

Miss

A miss on earnings could lead to a decline, with historical patterns indicating an average drop of +0.04%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on how UGI plans to manage costs amidst rising inflation.
2Any updates on new customer acquisition or retention strategies.
3Insights into regulatory changes that may impact operations.
4Discussion on long-term growth initiatives and capital investments.
5Management's outlook on the energy market and its implications for UGI's future.