Universal Technical Institute Inc expected to post earnings of 15 cents a share - Earnings Preview

Universal Technical Institute

07/05/2024 03:02

* Universal Technical Institute Inc  UTI.N   UTI  is
expected
to show a rise in quarterly revenue when it reports  results on
May 8 for the period ending March 31 2024
    * The Phoenix Arizona-based  company is expected to report a
8.1% increase in revenue to $177.158 million from $163.82
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Universal Technical
Institute
Inc is for earnings of 15 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 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 $18.00​, above​ its last closing
price of $16.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.05        0.04       0.17      Beat    286.4
 Jan. 1 2023   0.09        0.06       0.10      Beat    66.7
 Jan. 1 0001   -0.09       -0.10      -0.05     Beat    50​
 Mar. 31 2023  -0.03       -0.03      0.04      Beat    245.5
 ​​                                   0.15              
 Sep. 30 2022  0.03        0.03       0.23      Beat    666.7​
 Jun. 30 2022  0.00        -0.05      0.17      Beat    440
 Mar. 31 2022  0.02        0.02       0.19      Beat    850
 This summary was machine generated May 7 at 02:02 GMT.  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)