Laureate Education (NASDAQ:LAUR) Issues FY 2022 Earnings Guidance

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.

Separately, Zacks Investment Research cut shares of Laureate Education from a hold rating to a sell rating in a research report on Thursday, May 6th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $14.50.

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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