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Universal Technical: Q2 Earnings Insights

Universal Technical (NYSE:UTI) reported its Q2 earnings results on Tuesday, May 9, 2023 at 04:05 PM. Here’s what…
byBenzinga Insights
May 9, 2023
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Universal Technical (NYSE:UTI) reported its Q2 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Universal Technical beat estimated earnings by 700.0%, reporting an EPS of $0.18 versus an estimate of $-0.03.

Revenue was up $61.73 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 2.28% increase in the share price the next day.

Here’s a look at Universal Technical’s past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.16 0.03 -0.16 0.02
EPS Actual 0.15 0.23 0.17 0.19
Revenue Estimate 118.05M 111.47M 96.13M 95.97M
Revenue Actual 120.00M 110.64M 101.00M 102.09M

To track all earnings releases for Universal Technical visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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