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

Laureate Education

02/11/2023 13:33

* Laureate Education Inc  LAUR.OQ  reported quarterly
adjusted
earnings of 23 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of 19 cents.  The lone analyst forecast for
the quarter was for earnings of 19 cents per share. 
    * Revenue rose 20.1% to $361.50 million from a year ago;
analysts
expected $360.00 million. 
    * Laureate Education Inc's reported EPS for the quarter was
23
cents​.
    * The company reported quarterly net income of $36.2
million.
    * Laureate Education Inc shares had risen by 1.5% this
quarter and
gained 48.8% 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 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 $17.00 
This summary was machine generated from LSEG data November 2 at
01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      0.27           0.25           Missed