Universal Technical Institute Inc expected to post a loss of 10 cents a share - Earnings Preview

Universal Technical Institute

05/08/2023 03:09

* Universal Technical Institute Inc  UTI.N   UTI  is
expected
to show a rise in quarterly revenue when it reports  results on
August 8. 
    * The Phoenix Arizona-based  company is expected to report 
a
46.9% increase in revenue to $148.3 million from $100.97 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Universal Technical
Institute Inc is for a loss of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"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 $10​, above​ its last closing price
of $7.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.03       -0.03      0.04      Beat    245.5
  2023                                0.02              
 Sep. 30 2022  0.03        0.03       0.23      Beat    666.7​
 Jun. 30 2022  0.00        -0.05      0.17      Beat    440
 ​​Mar.        0.02        0.02       0.19      Beat    850
 31 2022                                                
 Dec. 31 2021  0.04        0.07       0.45      Beat    581.8​
 Sep. 30 2021  0.25        0.24       0.33      Beat    35.2
 Jun. 30 2021  0.03        0.02       0.05      Beat    127.3
 This summary was machine generated August 5 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated