Universal Technical Institute Inc expected to post earnings of 30 cents a share - Earnings Preview

Universal Technical Institute

18/11/2024 21:04

* Universal Technical Institute Inc  UTI.N   UTI  is
expected
to show a rise in quarterly revenue when it reports  results on
November 20 for the period ending September 30 2024
    * The Phoenix Arizona-based  company is expected to report a
12.4% increase in revenue to $191.387 million from $170.3
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on August 6
2024, for the period ended September 30, was for revenue between
$189.03 million and $192.44 million.
    * ​LSEG's mean analyst estimate for Universal Technical
Institute
Inc is for earnings of 30 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $22.00​, above​ its last closing
price of $19.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.08        0.07       0.09      Beat    22.7
 Mar. 31 2024  0.15        0.15       0.14      Missed  -4.1
 Dec. 31 2023  0.05        0.04       0.17      Beat    286.4​
 Sep. 30 2023  0.09        0.06       0.10      Beat    66.7
 ​​Jun.        -0.09       -0.10      -0.05     Beat    50
 30 2023                                                
 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
 This summary was machine generated November 18 at 21:04 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)