Universal Technical Institute Reports Fiscal Year 2020 Third Quarter Results

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Universal Technical Institute (UTI) Misses Q2 EPS by 31c, Revenues Miss

August 6, 2020 4:50 PM EDT

Universal Technical Institute (NYSE: UTI) reported Q2 EPS of ($0.45), $0.31 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $54.48 million versus the consensus estimate of $69.13 million.

New student starts increased 8.4% from the prior year quarter.91% of enrolled students are now active, and 87% of active students have completed or are... More