Brokerages Anticipate Laureate Education Inc (LAUR) to Announce $0.29 Earnings Per Share

Equities research analysts expect that Laureate Education Inc (NASDAQ:LAUR) will announce $0.29 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Laureate Education’s earnings, with estimates ranging from $0.25 to $0.41. Laureate Education reported earnings per share of $0.48 during the same quarter last year, which suggests a negative year over year growth rate of 39.6%. The company is scheduled to report its next earnings results on Tuesday, March 19th.

According to Zacks, analysts expect that Laureate Education will report full year earnings of $1.45 per share for the current year, with EPS estimates ranging from $1.32 to $1.58. For the next year, analysts expect that the firm will post earnings of $0.50 per share, with EPS estimates ranging from $0.39 to $0.59. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for Laureate Education.

Laureate Education (NASDAQ:LAUR) last released its earnings results on Thursday, November 8th. The company reported ($0.18) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.22) by $0.04. The firm had revenue of $787.10 million during the quarter, compared to analyst estimates of $929.30 million. Laureate Education had a return on equity of 14.99% and a net margin of 11.83%. Laureate Education’s revenue was down 3.8% compared to the same quarter last year. During the same period last year, the business posted ($1.02) earnings per share.



A number of research analysts recently issued reports on the company. Citigroup reiterated a “buy” rating and issued a $19.00 target price on shares of Laureate Education in a report on Wednesday, December 12th. Zacks Investment Research upgraded Laureate Education from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a report on Wednesday, October 10th. TheStreet upgraded Laureate Education from a “d-” rating to a “c” rating in a report on Thursday, January 17th. ValuEngine upgraded Laureate Education from a “sell” rating to a “hold” rating in a report on Friday, October 12th. Finally, Barrington Research reiterated a “buy” rating and issued a $20.00 target price on shares of Laureate Education in a report on Monday, November 12th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $18.42.

NASDAQ:LAUR traded up $0.06 during midday trading on Wednesday, reaching $15.62. The company had a trading volume of 530,400 shares, compared to its average volume of 950,767. The firm has a market cap of $3.42 billion, a PE ratio of -13.02, a price-to-earnings-growth ratio of 2.56 and a beta of 0.45. Laureate Education has a 12-month low of $12.70 and a 12-month high of $17.15. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.28.

In other Laureate Education news, CEO Paula R. Singer sold 7,703 shares of Laureate Education stock in a transaction dated Friday, December 14th. The stock was sold at an average price of $14.74, for a total transaction of $113,542.22. Following the completion of the sale, the chief executive officer now directly owns 45,255 shares of the company’s stock, valued at approximately $667,058.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Alberta Lp Wengen sold 14,087,500 shares of Laureate Education stock in a transaction dated Tuesday, November 20th. The stock was sold at an average price of $13.44, for a total value of $189,336,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 14,102,906 shares of company stock valued at $189,558,463 over the last ninety days. 4.59% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Blair William & Co. IL purchased a new stake in Laureate Education during the 3rd quarter worth about $156,000. Amalgamated Bank purchased a new stake in Laureate Education during the 3rd quarter worth about $174,000. Point72 Asset Management L.P. purchased a new stake in Laureate Education during the 3rd quarter worth about $198,000. Legal & General Group Plc lifted its holdings in Laureate Education by 63.8% during the 3rd quarter. Legal & General Group Plc now owns 13,423 shares of the company’s stock worth $207,000 after buying an additional 5,230 shares during the last quarter. Finally, Verition Fund Management LLC purchased a new stake in Laureate Education during the 3rd quarter worth about $243,000. 35.67% of the stock is owned by institutional investors.

Laureate Education Company Profile

Laureate Education, Inc, together with its subsidiaries, provides higher education programs and services to students through universities and higher education institutions. It operates through six segments: Brazil, Mexico, Andean & Iberian, Central America & U.S. Campuses, EMEAA, and Online & Partnerships.

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