Universal Technical Institute Inc expected to post a loss of 1  cents a share - Earnings Preview

Universal Technical Institute

05/05/2021 03:08

* Universal Technical Institute Inc  UTI.N   UTI  is expected to
show a fall in quarterly revenue when it reports results on May
6.
* The Phoenix, Arizona-based company is expected to report   a
5.4% decrease in revenue to $78.215 million from $82.72 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data.
​* Refinitiv's mean analyst estimate for Universal Technical
Institute Inc is for a loss of 1 cents per share. For the same
quarter last year, the company reported earnings of 18 cents per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Universal
Technical Institute Inc is $9​, about 37.8% above​ its last
closing price of $5.60. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.06        0.06       -0.01     Missed  -117.2
 Sep. 30 2020  0.13        0.09       0.09      Met     0
 Jun. 30 2020  -0.14       -0.14      -0.45     Missed  -229.3
                                                        ​
 Mar. 31 2020  0.00        -0.01      0.18      Beat    2,798.
                                                        7
 Dec.          0.02​       0.02       0.10      Beat    400​
 31​ 2019​                                              
                                                        ​
 Mar. 31 2019  -0.17       -0.17      -0.17     Met     0
 This summary was machine generated May 5 at 02:08 GMT.  All
figures in US dollars unless otherwise stated