Laureate Education Inc (LAUR) Expected to Announce Earnings of -$0.21 Per Share

Analysts expect Laureate Education Inc (NASDAQ:LAUR) to announce ($0.21) earnings per share for the current quarter, according to Zacks. Four analysts have issued estimates for Laureate Education’s earnings, with the highest EPS estimate coming in at ($0.10) and the lowest estimate coming in at ($0.33). Laureate Education posted earnings of ($0.91) per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 76.9%. The company is scheduled to issue its next earnings report on Wednesday, November 14th.

According to Zacks, analysts expect that Laureate Education will report full-year earnings of $2.06 per share for the current financial year. For the next fiscal year, analysts expect that the company will report earnings of $0.96 per share, with EPS estimates ranging from $0.56 to $1.14. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Laureate Education.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings results on Thursday, August 9th. The company reported $1.00 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.30. The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Laureate Education had a net margin of 11.22% and a return on equity of 13.74%. The business’s quarterly revenue was down 2.2% on a year-over-year basis. During the same quarter last year, the company posted $0.28 earnings per share.

A number of research analysts have issued reports on LAUR shares. Citigroup decreased their price target on shares of Laureate Education from $20.50 to $19.00 and set a “buy” rating for the company in a report on Wednesday, July 11th. ValuEngine upgraded shares of Laureate Education from a “sell” rating to a “hold” rating in a research note on Friday, August 17th. JPMorgan Chase & Co. increased their price objective on shares of Laureate Education from $18.00 to $18.50 and gave the stock an “overweight” rating in a research note on Wednesday, May 23rd. Zacks Investment Research lowered shares of Laureate Education from a “strong-buy” rating to a “sell” rating in a research note on Thursday, August 2nd. Finally, Barrington Research reiterated a “buy” rating and issued a $20.00 price objective on shares of Laureate Education in a research note on Friday, August 10th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company. Laureate Education currently has an average rating of “Buy” and a consensus target price of $18.41.

Shares of NASDAQ LAUR traded up $0.21 during midday trading on Monday, reaching $15.55. The company had a trading volume of 744,500 shares, compared to its average volume of 533,473. The stock has a market cap of $3.48 billion, a P/E ratio of -12.88, a P/E/G ratio of 1.90 and a beta of 1.15. Laureate Education has a 1 year low of $10.46 and a 1 year high of $16.99. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.32.

In other news, CEO Paula R. Singer sold 23,109 shares of the stock in a transaction on Tuesday, August 14th. The shares were sold at an average price of $16.00, for a total value of $369,744.00. Following the sale, the chief executive officer now owns 76,067 shares in the company, valued at $1,217,072. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.10% of the stock is owned by corporate insiders.

Several large investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new stake in Laureate Education during the first quarter valued at $106,000. Barclays PLC grew its position in Laureate Education by 49.2% during the first quarter. Barclays PLC now owns 13,090 shares of the company’s stock valued at $180,000 after buying an additional 4,315 shares during the period. Tower Research Capital LLC TRC acquired a new stake in Laureate Education during the second quarter valued at $312,000. Fox Run Management L.L.C. grew its position in Laureate Education by 78.0% during the second quarter. Fox Run Management L.L.C. now owns 25,619 shares of the company’s stock valued at $367,000 after buying an additional 11,226 shares during the period. Finally, Trexquant Investment LP acquired a new stake in Laureate Education during the second quarter valued at $440,000. Hedge funds and other institutional investors own 35.05% of the company’s stock.

About Laureate Education

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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