• Universal Technical Institute Inc UTI.N reported quarterly adjusted earnings of 21 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of five analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 10 cents to 15 cents per share.

• Revenue rose 12.6% to $207.45 million from a year ago; analysts expected $196.52 million.

• Universal Technical Institute Inc's reported EPS for the quarter was 21 cents​.

• The company reported quarterly net income of $11.45 million.

• Universal Technical Institute Inc shares had risen by 14.5% this quarter and gained 14.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 23.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the professional & business education peer group is also "buy"

• Wall Street's median 12-month price target for Universal Technical Institute Inc is $33.00

This summary was machine generated from LSEG data May 7 at 09:50 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)