• Ultrapar Participacoes SA UGP.N reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 8 cents. The lone analyst forecast for the quarter was for earnings of 4 cents per share.

• Revenue fell 3.1% to $6.01 billion from a year ago; analysts expected $5.89 billion.

• Ultrapar Participacoes SA shares had fallen by 2.4% this quarter and gained 21.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 20.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas refining and marketing peer group is also "buy"

• Wall Street's median 12-month price target for Ultrapar Participacoes SA is $4.00, about 21% above its last closing price of $3.16

This summary was machine generated from LSEG data August 14 at 01:36 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)