Laureate Education Inc reports results for the quarter ended in September 30 - Earnings Summary

Laureate Education

01/11/2024 03:36

* Laureate Education Inc  LAUR.OQ  reported quarterly
adjusted
earnings of 56 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 23 cents.  The lone analyst forecast for the
quarter was for earnings of 16 cents per share. 
    * Revenue rose 2% to $368.60 million from a year ago;
analysts
expected $361.80 million. 
    * Laureate Education Inc's reported EPS for the quarter was
56
cents​.
    * The company reported quarterly net income of $85.5
million.
    * Laureate Education Inc shares had fallen by 6.3% this
quarter and gained 13.5% so far this year.

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 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 $20.00 
This summary was machine generated from LSEG data November 1 at
03:35 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
 Sep. 30 2024      0.16           0.56           Beat
 Jun. 30 2024      0.63           0.83           Beat
 Mar. 31 2024      -0.03          -0.07          Missed
 Dec. 31 2023      0.35           0.26           Missed