Universal Technical Institute Inc reports results for the quarter ended in June - Earnings Summary

Universal Technical Institute

02/08/2021 22:44

* Universal Technical Institute Inc  UTI.N  reported quarterly
adjusted earnings of 5 cents​​ per share for the quarter ended
in June. The mean expectation of five analysts for the quarter
was for earnings of 2 cents per share.
* Revenue rose 53.8% to $83.77 million from a year ago; 
analysts expected $81.60 million. 
* Universal Technical Institute Inc's reported EPS for the
quarter was 3 cents​.
* The mean earnings estimate of analysts had fallen by about 50%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Universal Technical Institute Inc shares had fallen by 6.3%
this quarter and lost 5.9% so far this year.
* The company reported quarterly net income of $1.69 million.
* Wall Street's median 12-month price target for Universal
Technical Institute Inc is $10.00 
* 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." 
This summary was machine generated August 2 at 09:44 p.m.  ​All
figures in US dollars unless otherwise stated