PHOENIX (AP) — PHOENIX (AP) — Universal Technical Institute Inc. (UTI) on Tuesday reported fiscal third-quarter profit of $5 million.
The Phoenix-based company said it had profit of 9 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The school for auto, motorcycle and marine technicians posted revenue of $177.5 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $172.3 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UTI at https://www.zacks.com/ap/UTI
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