Universal Technical Institute Inc expected to post earnings of 4 cents a share - Earnings Preview

Universal Technical Institute

05/02/2024 21:50

* Universal Technical Institute Inc  UTI.N   UTI  is
expected
to show a rise in quarterly revenue when it reports  results on
February 7 for the period ending December 31 2023
    * The Phoenix Arizona-based  company is expected to report a
40.3% increase in revenue to $168.326 million from $120 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 4 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 $16.00​, above​ its last closing
price of $14.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.09        0.06       0.10      Beat    66.7
 Jun. 30 2023  -0.09       -0.10      -0.05     Beat    50
 Mar. 31 2023  -0.03       -0.03      0.04      Beat    245.5​
                                      0.15              
 ​​Sep.        0.03        0.03       0.23      Beat    666.7
 30 2022                                                
 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
 This summary was machine generated February 5 at 21:50 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)