-$0.27 Earnings Per Share Expected for Laureate Education Inc (LAUR) This Quarter

Wall Street analysts predict that Laureate Education Inc (NASDAQ:LAUR) will report earnings of ($0.27) per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Laureate Education’s earnings, with the lowest EPS estimate coming in at ($0.42) and the highest estimate coming in at ($0.10). Laureate Education posted earnings per share of ($0.91) in the same quarter last year, which would indicate a positive year over year growth rate of 70.3%. The firm is scheduled to issue its next quarterly earnings report on Wednesday, November 14th.

On average, analysts expect that Laureate Education will report full year earnings of $1.50 per share for the current year, with EPS estimates ranging from $1.49 to $1.50. For the next fiscal year, analysts anticipate that the firm will post earnings of $0.95 per share, with EPS estimates ranging from $0.88 to $1.14. Zacks’ EPS averages are a mean average based on a survey of research analysts that cover Laureate Education.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings data on Thursday, August 9th. The company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.30. Laureate Education had a net margin of 11.22% and a return on equity of 14.72%. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the previous year, the firm posted $0.28 EPS. The business’s revenue was down 2.2% compared to the same quarter last year.

Several research firms have recently issued reports on LAUR. Barrington Research restated a “buy” rating and set a $20.00 price objective on shares of Laureate Education in a report on Friday. Barclays restated a “hold” rating and set a $17.00 price objective on shares of Laureate Education in a report on Friday. Zacks Investment Research downgraded shares of Laureate Education from a “strong-buy” rating to a “sell” rating in a report on Thursday, August 2nd. Citigroup dropped their price objective on shares of Laureate Education from $20.50 to $19.00 and set a “buy” rating on the stock in a report on Wednesday, July 11th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Laureate Education from $18.00 to $18.50 and gave the stock an “overweight” rating in a report on Wednesday, May 23rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $18.32.

Shares of Laureate Education traded down $0.38, hitting $16.00, on Tuesday, MarketBeat reports. 1,469,403 shares of the company were exchanged, compared to its average volume of 490,849. Laureate Education has a one year low of $10.46 and a one year high of $16.99. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.94 and a current ratio of 0.94.

In other news, major shareholder Apollo Management Holdings Gp, sold 196,136 shares of Laureate Education stock in a transaction dated Monday, May 14th. The shares were sold at an average price of $14.74, for a total transaction of $2,891,044.64. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 13.10% of the stock is currently owned by insiders.

Several institutional investors have recently modified their holdings of the company. SG Americas Securities LLC acquired a new position in Laureate Education in the first quarter valued at about $106,000. Barclays PLC boosted its position in Laureate Education by 49.2% in 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 in the last quarter. Two Sigma Advisers LP acquired a new position in Laureate Education in the fourth quarter valued at about $290,000. MetLife Investment Advisors LLC acquired a new position in Laureate Education in the fourth quarter valued at about $352,000. Finally, Fox Run Management L.L.C. boosted its position in Laureate Education by 78.0% in 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 in the last quarter. Institutional investors and hedge funds own 30.03% of the company’s stock.

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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Earnings History and Estimates for Laureate Education (NASDAQ:LAUR)

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