Laureate Education Inc reports results for the quarter ended in December - Earnings Summary

Laureate Education

23/02/2024 03:04

* Laureate Education Inc  LAUR.OQ  reported quarterly
adjusted
earnings of 26 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 25 cents.  The lone analyst forecast for
the quarter was for earnings of 35 cents per share. 
    * Revenue rose 18.2% to $409.40 million from a year ago;
analysts
expected $388.00 million. 
    * Laureate Education Inc's reported EPS for the quarter was
26
cents​.
    * The company reported quarterly net income of $41.86
million.
    * Laureate Education Inc shares had fallen by 4.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the miscellaneous
educational service providers peer group is also "buy"

Wall Street's median 12-month price target for Laureate
Education Inc is $16.50 
This summary was machine generated from LSEG data February 23 at
03:04 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.35           0.26           Missed
 Sep. 30 2023      0.19           0.23           Beat
 Jun. 30 2023      0.52           0.35           Missed
 Mar. 31 2023      -0.07          -0.17          Missed