Laureate Education Inc expected to post a loss of 3 cents a share - Earnings Preview

Laureate Education

30/04/2024 14:39

* Laureate Education Inc  LAUR.OQ   LAUR.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 2 for
the period ending March 31 2024
    * The Miami Florida-based  company is expected to report a
7.1% increase in revenue to $269 million from $251.26 million a
year ago, according to the estimate from one analyst, based on
LSEG data.The company's guidance on February 22 2024, for the
period ended March 31, was for revenue between $266.00 million
and $271.00 million.
    * ​LSEG's mean analyst estimate for Laureate Education Inc
is for
a loss of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Laureate
Education Inc is $17.00​, above​ its last closing price
of $15.00. ​​​

The company's guidance on February 22 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD266 million and USD26 million.
This summary was machine generated April 30 at 13:39 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)