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

Universal Technical Institute

11/11/2022 23:27

* Universal Technical Institute Inc  UTI.N   UTI  is
expected
to show a rise in quarterly revenue when it reports  results on
November 15 (estimated). 
    * The Phoenix Arizona-based  company is expected to report 
a
13.7% increase in revenue to $110.833 million from $97.48
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
February 3 2022, for the period ended September 30, was for
revenue of $110.000 million.
    * ​Refinitiv's mean analyst estimate for Universal Technical
Institute Inc is for earnings of 2 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 $13​, above​ its last closing price
of $7.42. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.00        -0.05      0.17      Beat    440
 Mar. 31 2022  0.02        0.02       0.19      Beat    850
 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.        0.03        0.02       0.05      Beat    127.3
 30 2021                                                
 Mar. 31 2021  -0.05       -0.01      -0.02     Missed  -100​
 Dec. 31 2020  0.06        0.06       -0.01     Missed  -117.2
 Sep. 30 2020  0.13        0.09       0.09      Met     0
 This summary was machine generated November 11 at 23:27 GMT. 
All figures in US dollars  unless otherwise stated