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

Universal Technical Institute

04/05/2022 22:47

* Universal Technical Institute Inc  UTI.N  reported
quarterly
adjusted earnings of 11 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for earnings of 2 cents per share.
    * Revenue rose 31.4% to $102.09 million from a year ago; 
analysts
expected $95.97 million. 
    * The mean earnings estimate of analysts had fallen by
about 71.4%
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 17.4% this
quarter and gained 32.9% so far this year.
    * Wall Street's median 12-month price target for Universal
Technical Institute Inc is $10.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 4 at 09:47 p.m.  ​All
figures in US dollars unless otherwise stated