Laureate Education (NASDAQ:LAUR) Issues Quarterly Earnings Results, Misses Expectations By $0.12 EPS

Laureate Education (NASDAQ:LAURGet Free Report) announced its earnings results on Thursday. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.12), Briefing.com reports. Laureate Education had a return on equity of 13.87% and a net margin of 8.19%. The firm had revenue of $275.40 million for the quarter, compared to the consensus estimate of $269.35 million. During the same period in the previous year, the firm earned ($0.17) EPS. Laureate Education’s revenue for the quarter was up 9.6% on a year-over-year basis.

Laureate Education Price Performance

NASDAQ:LAUR traded up $0.75 during midday trading on Friday, hitting $14.98. 882,020 shares of the stock were exchanged, compared to its average volume of 798,550. Laureate Education has a one year low of $11.34 and a one year high of $15.06. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of 20.24 and a beta of 0.74. The business has a 50-day moving average price of $14.11 and a two-hundred day moving average price of $13.61. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.12.

Wall Street Analysts Forecast Growth

Separately, TheStreet raised Laureate Education from a “c+” rating to a “b” rating in a report on Monday, February 26th.

View Our Latest Research Report on Laureate Education

Laureate Education Company Profile

(Get Free Report)

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.

See Also

Earnings History for Laureate Education (NASDAQ:LAUR)

Receive News & Ratings for Laureate Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laureate Education and related companies with MarketBeat.com's FREE daily email newsletter.