The market expects UGI (UGI) to ship a year-over-year decline in earnings on decrease revenues when
The market expects UGI (UGI) to ship a year-over-year decline in earnings on decrease revenues when it stories outcomes for the quarter ended September 2019. This widely-known consensus outlook is necessary in assessing the corporate’s earnings image, however a strong issue which may affect its near-term inventory worth is how the precise outcomes evaluate to those estimates.
The inventory would possibly transfer larger if these key numbers high expectations within the upcoming earnings report, which is predicted to be launched on November 11. However, in the event that they miss, the inventory could transfer decrease.
Whereas the sustainability of the instant worth change and future earnings expectations will principally rely upon administration’s dialogue of enterprise situations on the earnings call, it is value handicapping the chance of a constructive EPS shock.
Zacks Consensus Estimate
This pure fuel and electrical utilities operator. Is predicted to publish quarterly lack of $0.02 per share in its upcoming report, which represents a year-over-year change of -122.2%.
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