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HOUSTON, TX / ACCESS Newswire / February 11, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2025, the Company had an average of 106 drilling rigs operating in the United States.
Universal Technical (UTI) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Universal Technical (UTI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
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UTI's first-quarter fiscal 2025 results indicate growth in new student starts and average full-time active students at UTI and Concorde.
PTEN expects capital expenditures for 2025 to be around $600 million, with each segment planning to spend less than in 2024.
Universal Technical Institute, Inc. (NYSE:UTI ) Q1 2025 Earnings Call February 5, 2025 4:30 PM ET Company Participants Matt Kempton - Investor Relations Jerome Grant - Chief Executive Officer Christine Kline - Interim Chief Financial Officer Conference Call Participants Alex Paris - Barrington Research Eric Martinuzzi - Lake Street Mike Grondahl - Northland Securities Steven Frankel - Rosenblatt Jasper Bibb - Truist Operator Good afternoon, and welcome to the Universal Technical Institute's Q1 2025 Earnings Conference Call. [Operator Instructions] Please also note, today's event is being recorded.
Universal Technical Institute (UTI) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.17 per share a year ago.
HOUSTON, TEXAS / ACCESS Newswire / February 5, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended December 31, 2024.
Delivers Financial and Operational Outperformance in Fiscal Q1; Raises Fiscal 2025 Guidance Ranges for All Metrics PHOENIX , Feb. 5, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, reported financial results for the fiscal 2025 first quarter ended December 31, 2024. Universal Technical Institute, Inc. operates in two reportable segments, Universal Technical Institute (UTI) and Concorde Career Colleges (Concorde), and together with its segments and subsidiaries is referred to as the "Company," "we," "us" or "our.