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Ultrapar Participacoes SA (UGP)
NYSE:UGP
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.08Last Year’s EPS
0.19Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: -25.42%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture for Ultrapar, with notable achievements in investment growth and sales volumes in certain segments, such as Ipiranga and Ultragaz. However, significant challenges were highlighted, including a decline in EBITDA and net income, an increase in net debt, and decreased profitability in key business units. The competitive environment is improving, yet financial performance metrics have shown some setbacks.Company Guidance
During Ultrapar's Q3 2024 earnings call, the company provided detailed financial metrics and guidance. Recurring EBITDA for the quarter was reported at BRL 1.506 billion, marking a 24% decline year-over-year, primarily due to lower EBITDA from Ipiranga. However, the accumulated EBITDA for 2024 stood at BRL 4.93 billion, a 4% increase from the prior year. Net income for the quarter was BRL 698 million, down 22% year-over-year, but the year-to-date net income reflected a 17% increase, reaching BRL 1.645 billion. Investments for the period totaled BRL 519 million, showing a 37% rise compared to Q3 2023, influenced by increased investments in Ipiranga. Operating cash flow generation was BRL 780 million for the quarter, though it could have reached BRL 1.020 billion if not for a BRL 240 million reduction in draft discount operations. The company also reported a net debt of BRL 7.968 billion as of September 2024, an increase from June, primarily due to dividend payments and a reduction in draft discount balances. The leverage ratio rose slightly to 1.3x from 1.2x in June. Ultrapar's guidance for the fourth quarter anticipates maintaining strong market conditions and profitability, with continued emphasis on liability management and strategic investments.Increased Investments
Investments totaled BRL 519 million in Q3 2024, up 37% compared to Q3 2023, mainly driven by higher investments in Ipiranga.
Ipiranga Volume Growth
Ipiranga sales volume in Q3 grew 4% compared to Q3 2023, with a 5% growth in the auto cycle and a 2% growth in diesel.
Ultragaz Sales Increase
Ultragaz's volume of LPG sold in Q3 was 4% higher year-over-year, with a 7% increase in sales of bulk LPG and a 2% increase in bottled LPG sales.
Improved Competitive Environment
Ipiranga observed an improvement in the competitive environment in Q3 compared to Q2 2024, with a reduction of sector irregularities.
Ultracargo Revenue Increase
Ultracargo's net revenues were BRL 266 million in Q3 2024, 1% higher than in Q3 2023, driven by better tariffs.
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UGP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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UGP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $3.58 | $3.37 | -5.87% |
| Aug 07, 2024 | $4.18 | $4.00 | -4.31% |
| May 08, 2024 | $5.23 | $4.82 | -7.84% |
| Feb 28, 2024 | $6.07 | $5.79 | -4.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Ultrapar Participacoes SA (UGP) report earnings?
Ultrapar Participacoes SA (UGP) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Ultrapar Participacoes SA (UGP) earnings time?
Ultrapar Participacoes SA (UGP) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UGP EPS forecast?
UGP EPS forecast for the fiscal quarter 2024 (Q4) is 0.08.
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