Core Viewpoint - Universal Technical Institute (UTI) is expected to report a significant year-over-year increase in earnings, driven by higher revenues, with a consensus EPS estimate of $0.07 per share, reflecting a 240% increase from the previous year [11]. Earnings Expectations - Revenues for the upcoming quarter are projected to be $172.33 million, representing a 12.4% increase compared to the same quarter last year [2]. - The consensus EPS estimate has been revised 0.76% lower over the last 30 days, indicating a reassessment by analysts [2]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP of +3.70% for UTI indicates a higher likelihood of an earnings beat [5]. - A positive Earnings ESP combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) has historically resulted in a positive surprise nearly 70% of the time [4]. Historical Performance - Over the last four quarters, UTI has beaten consensus EPS estimates two times [7]. - In the last reported quarter, UTI was expected to post earnings of $0.15 per share but actually reported $0.14, resulting in a surprise of -6.67% [16]. Market Sentiment - Analysts have recently become more optimistic about UTI's earnings prospects, as indicated by the Most Accurate Estimate being higher than the Zacks Consensus Estimate [5]. - The market's reaction to UTI's earnings report will depend on how actual results compare to these estimates, alongside management's discussion of business conditions during the earnings call [9][10].

PHOENIX, July 17, 2024 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI) (the "Company"), a leading workforce solutions education provider, will hold a conference call on Tuesday, August 6, 2024, at 4:30 p.m. Eastern time to discuss its financial and operational results for the fiscal third quarter ended June 30, 2024. About Universal Technical Institute, Inc. Universal Technical Institute, Inc. (NYSE: UTI) (the "Company") was founded in 1965 and is a leading workforce solutions provider of tr ...

Group 1: Partnership Overview - Universal Technical Institute (UTI) has partnered with Crown Equipment to offer paid work experience opportunities for automotive and diesel technology students through the Early Employment Program [1][2] - Students enrolled in the 51-week automotive technology and 45-week diesel technology programs can apply for 20 to 30 paid hours weekly while completing their studies [2] - Graduates offered full-time employment by Crown may qualify for tuition reimbursement up to $20,000 [2] Group 2: Company Profiles - Universal Technical Institute, founded in 1965, is a leading provider of workforce solutions in transportation, skilled trades, and healthcare education, operating 16 campuses across 9 states [4] - Crown Equipment, established in 1945, is one of the world's largest material handling companies, employing over 18,100 people globally and operating more than 500 retail locations in over 80 countries [5] Group 3: Program Benefits - The Early Employment Program aims to bridge the gap between skilled trade education and industry workforce needs, facilitating a smooth transition from classroom to workforce for students and graduates [2][3] - Crown Equipment emphasizes that UTI's training programs provide a solid foundation for service technicians, enhancing Crown's ability to access a skilled pool of professionals [3]

Campuses to be rebranded as UTI-Canton, UTI-Orlando, UTI-Phoenix and UTI-Mooresville. About Universal Technical Institute, Inc. Universal Technical Institute, Inc. (NYSE: UTI) was founded in 1965 and is a leading workforce solutions provider of transportation, skilled trades, and healthcare education programs whose mission is to serve students, partners, and communities by providing quality education and support services for in-demand careers across a number of highly skilled fields. Universal Technical Ins ...

UTI is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 20.31; value investors should take notice. Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.01 to $0.71 per share. UTI also boasts an average earnings surprise of 49.4%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, UTI should be on i ...

The following are the Company's currently scheduled investor marketing events in June 2024: 14th Annual East Coast IDEAS Conference Presentation Date and Time: Thursday, June 13th at 11:30 a.m. Eastern time Company Attendees: Troy Anderson, CFO, and Matt Kempton, VP of Corporate Finance Location: Jay Conference Center – Bryant Park in New York City, NY Format: Presentation, with one-on-one and group meetings Webcast: Available through the conference website at www.threepartadvisors.com/east-coast "After rep ...

Core Insights - Universal Technical Institute, Inc. (UTI) has reintroduced the Summer Ignite program in partnership with NAPA to enhance student focus on automotive and motorcycle repair careers [1][2] - The program aims to address the workforce gap by providing a free three-week introductory course, with successful students earning credits towards future programs at UTI [3] - UTI's growth strategy includes consistent graduation and employment rates, along with strong partnerships with industry leaders [5][6] Program Details - The Summer Ignite program will run for three weeks and is designed to meet the projected annual job openings of approximately 67,700 for automotive service technicians and mechanics through 2032 [2] - Applications for the program are open in several states, including Texas, Arizona, New Jersey, Illinois, and California [4] Expansion Initiatives - Under its Concorde division, UTI launched two new dental hygiene programs in April 2024, with about 50 students in the first cohorts [7] - The Concorde division is also expanding its San Diego dental hygiene program, set to launch later in 2024, and has partnered with Marquis Companies to enhance its offerings [7] Stock Performance - UTI's shares have surged 135.4% over the past year, significantly outperforming the Zacks Schools industry's growth of 44.9% [8]

Core Insights - The Summer Ignite program by Universal Technical Institute (UTI) aims to address the skilled technician shortage in the automotive and motorcycle repair sectors through a three-week introductory course at no cost [1][3][5] - The U.S. Bureau of Labor Statistics projects an average of 67,700 job openings annually for automotive service technicians and mechanics through 2032, highlighting the critical need for skilled workers in this field [2][9] - The program has shown success, with nearly 50% of participants in 2023 choosing to pursue careers in automotive or motorcycle repair after high school [4] Company Overview - Universal Technical Institute, Inc. is a leading workforce solutions provider founded in 1965, offering education programs in transportation, skilled trades, energy, and healthcare [7] - UTI operates 16 campuses across 9 states, providing a range of technical training programs under various brands, including UTI, MIAT College of Technology, and NASCAR Technical Institute [7] Program Details - The Summer Ignite program was established in 2018 to allow high school juniors to explore careers in automotive or motorcycle repair [2] - Students who pass the end-of-course exams can earn credit toward future programs at UTI, helping to offset education costs [3] - Applications for the Summer Ignite program are currently open, with sessions scheduled at various UTI campuses [6]

Scholarships part of a growing workforce solutions relationship between Heartland and Concorde KANSAS CITY, May 30, 2024 /PRNewswire/ -- Concorde Career Colleges and Heartland Dental today announced the national recipients of the 2024 Heartland Dental Hygiene Scholarships, a $2,500 awards package to 18 students who demonstrate exceptional dedication, passion, and potential in the field of dental hygiene. Heartland Dental is one of the largest dental support organizations in the nation and a longtime partner ...

Investors interested in Schools stocks are likely familiar with Universal Technical Institute (UTI) and Bright Horizons Family Solutions (BFAM) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emph ...