Laureate Education (LAUR) Scheduled to Post Earnings on Thursday

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

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.83 EPS for the quarter, beating analysts' consensus estimates 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 firm's revenue was up 8.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.35 EPS. 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 Down 2.2 %

Shares of LAUR traded down $0.34 during midday trading on Thursday, hitting $15.38. The company had a trading volume of 370,445 shares, compared to its average volume of 735,402. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of 20.78 and a beta of 0.82. The company's 50 day moving average price is $15.67 and its 200 day moving average price is $15.20. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.22. Laureate Education has a 52 week low of $12.45 and a 52 week high of $17.60.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley downgraded 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.