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

Universal Technical Institute

31/07/2021 24:22

* Universal Technical Institute Inc  UTI.N   UTI  is expected
to show a rise in quarterly revenue when it reports results on
August 2. 
* The Phoenix, Arizona-based company is expected to report   a
49.8% increase in revenue to $81.596 million from $54.48 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Universal Technical
Institute Inc is for earnings of 3 cents per share. For the same
quarter last year, the company reported a loss of 45 cents per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "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​, about 39.2% above​ its last
closing price of $6.08. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Jun. 30 2020  -0.14       -0.14      -0.45     Missed  -229.3
 Mar.          0.00​       -0.01      0.18      Beat    2,798.
 31​ 2020​                                              7​
 Dec. 31 2019  0.02        0.02       0.10      Beat    400​
 This summary was machine generated July 30 at 23:22 GMT.  All
figures in US dollars unless otherwise stated