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0.000656598818122113 -0.00131319763624423 -0.000656598818122113 -0.00262639527248845 -0.00262639527248845 -0.00262639527248845 -0.00262639527248845 -0.00262639527248845
Stock impact report

Universal Technical (UTI) Q2 Earnings Lag Estimates, '24 View Up [Yahoo! Finance]

Universal Technical Institute Inc (UTI) 
Last universal technical institute inc earnings: 2/6 04:05 pm Check Earnings Report
US:NYSE Investor Relations: uti.investorroom.com
Company Research Source: Yahoo! Finance
Quarterly earnings missed the Zacks Consensus Estimate but revenues beat the same. On a year-over-year basis, the top and bottom lines increased impressively. Troy Anderson, CFO of UTI, said, "Based on our current momentum and strategic execution, we are raising our fiscal year 2024 new student start, revenue and profitability guidance. Additionally, given the visibility we have into the remainder of the year and the strength of our underlying operating model, we are introducing initial projections for fiscal year 2025, where we are estimating revenue of nearly $800 million and adjusted EBITDA margin expansion of at least 100 basis points versus fiscal 2024, further building upon the margin expansion we are expecting this year." Inside the Numbers Adjusted earnings per share (EPS) of 14 cents lagged the consensus mark of 15 cents by 6.7% but rose significantly from the year-ago quarter's level of 4 cents. Universal Technical Institute Inc Price, Consensus and EPS Surprise U Show less Read more
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