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

Laureate Education

03/08/2023 14:33

* Laureate Education Inc  LAUR.OQ  reported quarterly
adjusted
earnings of 35 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 52
cents per share.
    * Revenue rose 19.9% to $462.10 million from a year ago;
analysts
expected $436.90 million. 
    * Laureate Education Inc's reported EPS for the quarter was
35
cents​.
    * The mean earnings estimate of analysts had risen by
about 4% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Laureate Education Inc shares had risen by 5.7% this
quarter and
gained 32.8% so far this year.
    * The company reported quarterly net income of $56.2
million.
    * Wall Street's median 12-month price target for Laureate
Education Inc is $15.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.52           0.35           Missed
 Mar. 31 2023      -0.07          -0.17          Missed
 Dec. 31 2022      0.27           0.25           Missed
 Sep. 30 2022      0.18           0.19           Beat