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UTI — Universal Technical Institute News Story

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Brief: Universal Technical Institute Q3 EPS USD 0.19

Overview

Universal Technical Institute fiscal Q3 revenue grows 15.1%, beating analyst expectations

Adjusted EBITDA for fiscal Q3 rises 37.3%, surpassing estimates

Company raises lower end of fiscal 2025 guidance for revenue and new student starts

Outlook

Company raises fiscal 2025 revenue guidance to $830 mln - $835 mln

Company increases fiscal 2025 new student starts guidance to 29,500 - 30,000

Company plans accelerated growth for Concorde programs next fiscal year

Result Drivers

STUDENT GROWTH - Revenue increase driven by 12.7% growth in average full-time active students

EXPANSION INVESTMENTS - Increased operating expenses due to new campus launches and program expansions

FAVORABLE ENVIRONMENT - Regulatory environment supports growth, aiding in lifting restrictions on Concorde division

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueBeat$204.30 mln$200 mln (7 Analysts)
Q3 EPS$0.19
Q3 Net Income$10.66 mln
Q3 Adjusted EBITDABeat$25.30 mln$21.50 mln (7 Analysts)
Q3 Operating Income$14.15 mln
Q3 Pretax Profit$14.35 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the professional & business education peer group is "buy" Wall Street's median 12-month price target for Universal Technical Institute Inc is $38.00, about 15.9% above its August 5 closing price of $31.95 The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 27 three months ago Press Release: ID:nPn6XQr7ya (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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