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

Universal Technical Institute

08/08/2023 23:26

* Universal Technical Institute Inc  UTI.N  reported a
quarterly
adjusted loss of 5 cents​​ per share for the quarter ended in
June. The mean expectation of four analysts for the quarter was
for a loss of 10 cents per share.
    * Revenue rose 51.8% to $153.29 million from a year ago;
analysts
expected $148.30 million. 
    * Universal Technical Institute Inc's reported EPS for the
quarter
was a loss of 5 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Universal Technical Institute Inc shares had risen
by 13.3% this
quarter and gained 16.5% so far this year.
    * The company reported a quarterly loss of $1.77 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 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 10:25 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.10          -0.05          Beat
 Mar. 31 2023      -0.03          0.04           Beat
                                  0.02           
 Sep. 30 2022      0.03           0.23           Beat