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.
PTEN is expected to report lower revenues from the year-ago period. The company is anticipated to see a higher bottom line due to declining costs.
Universal Technical (UTI) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
HOUSTON, TX / ACCESSWIRE / January 14, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, February 6, 2025, at 9:00 a.m.
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HOUSTON, TEXAS / ACCESSWIRE / January 6, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of December 2024, the Company had an average of 104 drilling rigs operating in the United States.
Universal Technical (UTI) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Patterson-UTI Energy, Inc. underperformed its peer group in 2024. Rigs and pressure pumping are expected to see modest recoveries in 2025, helping to generate significant free cash flow. The dividend yield is already the best in the peer group, and we expect the large buyback to continue next year.
Under-the-radar stock Universal Technical Institute has gained a whopping 109% this year and is near a buy point after an earnings surge. The post This Under-The-Radar Stock Bursts Into The Limelight With A 106% Gain, Sets Up For More appeared first on Investor's Business Daily.
Universal Technical (UTI) possesses solid growth attributes, which could help it handily outperform the market.