Laureate Education (LAUR) Scheduled to Post Quarterly Earnings on Thursday

Laureate Education (NASDAQ:LAUR) is scheduled to be releasing its earnings data before the market opens on Thursday, August 1st. Analysts expect Laureate Education to post earnings of $0.86 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings results on Thursday, May 2nd. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.12). Laureate Education had a return on equity of 13.98% and a net margin of 8.19%. The business had revenue of $275.40 million for the quarter, compared to analyst estimates of $269.35 million. During the same quarter last year, the firm earned ($0.17) earnings per share. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. On average, analysts expect Laureate Education to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Laureate Education Stock Up 3.9 %

Shares of LAUR stock opened at $15.57 on Wednesday. Laureate Education has a 12 month low of $12.32 and a 12 month high of $16.60. The firm has a market cap of $2.45 billion, a PE ratio of 21.04 and a beta of 0.80. The stock has a 50 day moving average of $14.94 and a 200-day moving average of $14.33. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.19.

Insider Activity at Laureate Education

In related news, Director Ian Kendell Snow sold 2,114,928 shares of the company’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $14.64, for a total value of $30,962,545.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Ian Kendell Snow sold 2,114,928 shares of the company’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $14.64, for a total value of $30,962,545.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Corro Pedro Del sold 5,957 shares of the stock in a transaction on Friday, May 10th. The stock was sold at an average price of $16.31, for a total value of $97,158.67. Following the transaction, the director now owns 46,729 shares of the company’s stock, valued at $762,149.99. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,122,190 shares of company stock worth $31,080,297. 2.32% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley lowered Laureate Education from an “overweight” rating to an “equal weight” rating and set a $17.00 price target for the company. in a report on Friday, July 26th.

About Laureate Education

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.