Laureate Education (LAUR) Set to Announce Quarterly Earnings on Thursday

Laureate Education (NASDAQ:LAUR) will post its quarterly earnings results before the market opens on Thursday, October 31st. Laureate Education has set its FY 2024 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Laureate Education (NASDAQ:LAUR) last released its earnings results on Thursday, August 1st. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.63 by $0.20. The firm had revenue of $499.20 million for the quarter, compared to the consensus estimate of $483.69 million. Laureate Education had a net margin of 12.64% and a return on equity of 21.37%. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.35 earnings per share. 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 Stock Performance

Shares of NASDAQ LAUR opened at $15.72 on Thursday. The company has a market cap of $2.48 billion, a P/E ratio of 21.24 and a beta of 0.82. Laureate Education has a 52-week low of $12.45 and a 52-week high of $17.60. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.76 and a current ratio of 0.76. The firm’s fifty day moving average is $15.66 and its two-hundred day moving average is $15.20.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley cut Laureate Education from an “overweight” rating to an “equal weight” rating and set a $17.00 target price on the stock. 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.