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

Laureate Education

01/08/2024 14:34

* Laureate Education Inc  LAUR.OQ  reported quarterly
adjusted
earnings of 83 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 35 cents.  The lone analyst forecast for the
quarter was for earnings of 63 cents per share. 
    * Revenue rose 8% to $499.20 million from a year ago;
analysts
expected $483.70 million. 
    * Laureate Education Inc shares had risen by 3.7% this
quarter and
gained 13.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.1%
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 2 "strong buy" or "buy," 1
"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 $17.00 
This summary was machine generated from LSEG data August 1 at
01:33 p.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
 Jun. 30 2024      0.63           0.83           Beat
 Dec. 31 2023      -0.03          -0.07          Missed
 Dec. 31 2023      0.35           0.26           Missed
 Sep. 30 2023      0.19           0.23           Beat