Universal Technical Institute Inc expected to post a loss of 3 cents a share - Earnings Preview

Universal Technical Institute

06/05/2023 03:06

* Universal Technical Institute Inc  UTI.N   UTI  is
expected
to show a rise in quarterly revenue when it reports  results on
May 9. 
    * The Phoenix Arizona-based  company is expected to report 
a
50.7% increase in revenue to $153.8 million from $102.09 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Universal Technical
Institute Inc is for a loss of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The average consensus recommendation for the professional
&
business education peer group is also "Buy".​
    * Wall Street's median 12-month price target for Universal
Technical Institute Inc is $10​, above​ its last closing price
of $6.17. ​​​

This summary was machine generated May 6 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated