KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — UGI Corp. (UGI) on Wednesday reported fiscal first-quarter net income of $94 million.

On a per-share basis, the King Of Prussia, Pennsylvania-based company said it had profit of 44 cents. Earnings, adjusted for non-recurring costs, were $1.20 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.12 per share.

The natural gas and electric utilities operator. posted revenue of $2.12 billion in the period.

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