Universal Technical Institute Reports Fiscal Year 2019 First Quarter Results

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Go back to Universal Technical Institute Reports Fiscal Year 2019 First Quarter Results

Universal Technical Institute (UTI) Misses Q1 EPS by 25c, Revenues Beat

February 5, 2019 4:28 PM EST

Universal Technical Institute (NYSE: UTI) reported Q1 EPS of ($0.36), $0.25 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $83.1 million versus the consensus estimate of $81.3 million.

Kim McWaters, UTI's President and Chief Executive Officer, stated, "Our first quarter fiscal 2019 start growth of 14.8% reflects the continued execution of our growth initiatives... More