Universal Technical Institute Inc expected to post earnings of 2  cents a share - Earnings Preview

Universal Technical Institute

03/05/2022 03:08

* Universal Technical Institute Inc  UTI.N   UTI  is
expected
to show a rise in quarterly revenue when it reports  results on
May 4. 
    * The Phoenix Arizona-based  company is expected to report 
a
23.5% increase in revenue to $95.967 million from $77.71 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 earnings of 2 cents per share. For the same
quarter last year, the company reported a loss of 2 cents per
share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $10.5​, above​ its last closing price
of $10.18. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2021  -0.05       -0.01      -0.02     Missed  -100
 ​​Dec.        0.06        0.06       -0.01     Missed  -117.2
 31 2020                                                
 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
 This summary was machine generated May 3 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated