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 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 "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 |