Laureate Education (LAUR) Set to Announce Earnings on Thursday

Laureate Education (NASDAQ:LAUR) will issue its quarterly earnings data before the market opens on Thursday, October 31st. Laureate Education has set its FY 2024 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Laureate Education (NASDAQ:LAUR) last posted its earnings results on Thursday, August 1st. The company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.20. Laureate Education had a return on equity of 21.37% and a net margin of 12.64%. The business had revenue of $499.20 million during the quarter, compared to analyst estimates of $483.69 million. During the same quarter in the previous year, the firm earned $0.35 EPS. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. On average, analysts expect Laureate Education to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Laureate Education Trading Up 0.5 %

Shares of Laureate Education stock opened at $15.41 on Wednesday. The company’s 50-day moving average price is $15.69 and its 200-day moving average price is $15.22. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.22. Laureate Education has a 12-month low of $12.45 and a 12-month high of $17.60. The company has a market cap of $2.43 billion, a price-to-earnings ratio of 20.82 and a beta of 0.82.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley downgraded shares of Laureate Education from an “overweight” rating to an “equal weight” rating and set a $17.00 price target for the company. in a report on Friday, July 26th.

Laureate Education Company Profile

Laureate Education, Inc, together with its subsidiaries, offers higher education programs and services to students through a network of universities and higher education institutions. The company provides a range of undergraduate and graduate degree programs in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs.