Vocational education Universal Technical Institute (NYSE:UTI) will be announcing earnings results tomorrow afternoon. Here’s what to expect.

Universal Technical Institute beat analysts’ revenue expectations by 2.6% last quarter, reporting revenues of $196.4 million, up 15.3% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ EPS estimates and a decent beat of analysts’ new students estimates. It reported 11,492 new students, up 10.6% year on year.

Is Universal Technical Institute a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Universal Technical Institute’s revenue to grow 11% year on year to $193.9 million, slowing from the 45.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.18 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Universal Technical Institute has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Universal Technical Institute’s peers in the consumer discretionary segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Adtalem delivered year-on-year revenue growth of 13.9%, beating analysts’ expectations by 4.7%, and VF Corp reported revenues up 1.9%, topping estimates by 1.2%. Adtalem traded up 4.6% following the results while VF Corp was also up 1.4%.

Read our full analysis of Adtalem’s results here and VF Corp’s results here.

Investors in the consumer discretionary segment have had steady hands going into earnings, with share prices flat over the last month. Universal Technical Institute is up 4.7% during the same time and is heading into earnings with an average analyst price target of $27.60 (compared to the current share price of $26.99).

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