Universal Technical Q3 2024 GAAP EPS $0.09 Beats $0.07 Estimate, Sales $177.458M Beat $172.787M Estimate
Portfolio Pulse from Benzinga Newsdesk
Universal Technical (NYSE:UTI) reported Q3 2024 GAAP EPS of $0.09, beating the $0.07 estimate by 28.57%. Sales were $177.458M, surpassing the $172.787M estimate by 2.70% and marking a 15.77% increase from the same period last year.
August 06, 2024 | 8:38 pm
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Universal Technical (NYSE:UTI) reported Q3 2024 GAAP EPS of $0.09, beating the $0.07 estimate by 28.57%. Sales were $177.458M, surpassing the $172.787M estimate by 2.70% and marking a 15.77% increase from the same period last year.
The company's earnings and sales both exceeded analyst estimates, which is likely to positively impact the stock price in the short term. The significant year-over-year sales growth further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100