UTI reports Q3 earnings beat with 15.3% revenue growth, forecasts positive FY2025 metrics.

Universal Technical Institute (UTI) reported better-than-expected Q3 earnings, with revenue up 15.3% to $196.4 million, exceeding analysts' forecasts. For FY2025, UTI forecasts earnings per share of $0.93 to $1.01 and revenue of $800 million to $815 million. Analysts have a consensus "Buy" rating with a $22.20 price target. CEO Jerome Alan Grant recently sold 68,000 shares, reducing his ownership.

November 20, 2024
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