Universal Technical Institute Inc (NYSE:UTI) is set to announce fourth quarter earning results on Wednesday 18th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, UTI to report 4Q20 income of $ 0.12 per share.
For the full year, analysts anticipate top line of $ 309.91 million, while looking forward to loss of $ 0.03 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 338.00 million ~ $ 345.00 million
Click Here For More Historical Outlooks Of Universal Technical Institute Inc
Previous Quarter Performance
Universal Technical Institute Inc unfold loss for the third quarter of $ 0.38 per share, from the revenue of $ 54.48 million. The quarterly revenues contracted 31.07 percent compared with the same quarter last year. Street analysts expected Universal Technical Institute Inc to report loss of $ 0.14 per share on revenue of $ 69.13 million for the third quarter. The bottom line results missed street analysts by $ 0.24 or 171.43 percent, at the same time, top line results fell short of analysts by $ 14.65 million or 21.19 percent.
Stock Performance
Shares of Universal Technical Institute Inc traded up $ 0.11 or 1.95 percent on Tuesday, reaching $ 5.74 with volume of 66.60 thousand shares. Universal Technical Institute Inc has traded high as $ 5.84 and has cracked $ 5.58 on the downward trend
According to the previous trading day, closing price of $ 5.74, representing a 104.73 % increase from the 52 week low of $ 2.75 and a 42.32 % decrease over the 52 week high of $ 9.76.
The company has a market capital of $ 187.19 million and is part of the Consumer Defensive sector and Education & Training Services industry.
Recent Analyst recommendations
- On 25th September 2020, downgraded by Argus to Hold from Buy rating.
Conference Call
Universal Technical Institute Inc will be hosting a conference call at 4:30 PM eastern time on 18th November 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, (844) 881-0138 U.S. or (412) 317-6790 (International) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.uti.edu
Universal Technical Institute, Inc. provides postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle, and marine technicians in the United States. It offers certificate, diploma, or degree programs; and specialized technical education programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute, and NASCAR Technical Institute.
