Overview
Laureate Q3 revenue rises 9% to $400.2 mln, beating analyst expectations
Adjusted EBITDA for Q3 beats estimates, despite academic calendar timing impact
Net income for Q3 falls due to foreign currency losses and absence of tax benefit
Company increases stock buyback program by $150 mln, reflecting financial confidence
Outlook
Laureate updates 2025 outlook, sees revenue at $1,681 mln to $1,686 mln
Company expects 2025 adjusted EBITDA between $508 mln and $512 mln
Laureate anticipates total enrollments to grow 5% to about 494,000 students
Result Drivers
ONLINE EXPANSION - Co cites scaling of online offerings in Peru as a key growth driver
MACROECONOMIC CHALLENGES - Growth in Mexico achieved despite softer macroeconomic environment
FOREIGN CURRENCY IMPACT - Net income decrease driven by foreign currency exchange losses
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$400.20 mln
$384.28 mln (3 Analysts)
Q3 Net Income
$34.40 mln
Q3 Adjusted EBITDA
Beat
$94.80 mln
$85.43 mln (3 Analysts)
Q3 Operating Income
$71.50 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 "buy"
Wall Street's median 12-month price target for Laureate Education Inc is $35.00, about 17.5% above its October 29 closing price of $28.88
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: ID:nGNX42qxqf
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)