UGI CORP /PA/ — Form 8-K

UGI reported Q3 FY26 adjusted diluted EPS of $(0.20) vs. $(0.01) prior year, with YTD adjusted EPS of $3.17 vs. $3.55 prior year. Key developments: (1) Pennsylvania gas utility received a recommended decision on a $65M rate increase ($40M October 2026, $25M October 2027) pending PA PUC approval by October 2026; (2) Completed debt refinancing reducing borrowing costs by ~$30M annualized; (3) AmeriGas Propane EBIT declined $25M YTD due to 10% lower retail gallons and customer attrition; (4) UGI International offset LPG divestitures (~$40M impact) with margin gains; (5) Company reaffirmed FY26 adjusted EPS guidance of $2.75–$2.90. Leverage stands at 3.8x corporate and 4.3x at AmeriGas.