Universal Technical Institute Inc Common Stock (UTI)
28.00
+0.26 (0.94%)
Universal Technical Institute Inc is an educational organization that specializes in providing technical training and education for students seeking careers in the automotive, diesel, collision repair, motorcycle, and marine industries
The institute offers a range of programs designed to equip students with practical skills and knowledge through hands-on learning experiences, state-of-the-art facilities, and industry-relevant curriculum. By partnering with various industry leaders and employers, Universal Technical Institute aims to enhance job placement opportunities for its graduates, helping them build successful careers in the skilled trades.
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What a time it’s been for Universal Technical Institute. In the past six months alone, the company’s stock price has increased by a massive 50.3%, reaching $25 per share. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Universal Technical Institute (NYSEUTI) and the best and worst performers in the education services industry.
Vocational education Universal Technical Institute (NYSEUTI) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 15.3% year on year to $196.4 million. The company’s full-year revenue guidance of $807.5 million at the midpoint came in 1.1% above analysts’ estimates. Its GAAP profit of $0.34 per share was 13.3% above analysts’ consensus estimates.
