Laureate Education (NASDAQ:LAUR) issued an update on its FY 2022 earnings guidance on Thursday morning. The company provided EPS guidance of – for the period. The company issued revenue guidance of $1.08 billion-$1.08 billion, compared to the consensus revenue estimate of $1.02 billion.
LAUR stock traded up $0.31 during midday trading on Friday, reaching $14.56. 592,827 shares of the company’s stock traded hands, compared to its average volume of 955,550. The company has a market capitalization of $2.90 billion, a P/E ratio of -3.27 and a beta of 0.81. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.43 and a quick ratio of 1.43. Laureate Education has a fifty-two week low of $8.28 and a fifty-two week high of $15.46. The business has a 50-day moving average price of $13.41 and a two-hundred day moving average price of $14.03.
Laureate Education (NASDAQ:LAUR) last posted its earnings results on Thursday, February 25th. The company reported ($0.95) EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($1.27). Laureate Education had a positive return on equity of 15.92% and a negative net margin of 38.07%. The firm had revenue of $285.20 million for the quarter, compared to analyst estimates of $270.60 million. As a group, research analysts forecast that Laureate Education will post 1.87 earnings per share for the current fiscal year.
About Laureate Education
Laureate Education, Inc, together with its subsidiaries, provides higher education programs and services to students through a network of universities and higher education institutions. It offers a range of undergraduate and graduate degree programs primarily in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs.
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