Laureate Education (LAUR) to Release Earnings on Thursday

Laureate Education (NASDAQ:LAURGet Rating) will be posting its quarterly earnings results before the market opens on Thursday, May 5th. Analysts expect Laureate Education to post earnings of ($0.01) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Laureate Education (NASDAQ:LAURGet Rating) last announced its quarterly earnings results on Thursday, February 24th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.18). Laureate Education had a net margin of 17.70% and a negative return on equity of 13.06%. The firm had revenue of $296.70 million during the quarter, compared to analysts’ expectations of $295.70 million. On average, analysts expect Laureate Education to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of LAUR stock opened at $11.68 on Thursday. Laureate Education has a fifty-two week low of $9.41 and a fifty-two week high of $19.02. The stock has a market cap of $2.08 billion, a P/E ratio of 10.43 and a beta of 0.83. The business has a fifty day simple moving average of $11.96 and a 200-day simple moving average of $12.18. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.09.

Separately, Zacks Investment Research raised Laureate Education from a “strong sell” rating to a “hold” rating in a research note on Wednesday.

In related news, CEO Eilif Serck-Hanssen sold 173,761 shares of the stock in a transaction on Wednesday, March 9th. The stock was sold at an average price of $12.01, for a total transaction of $2,086,869.61. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Marcelo Cardoso sold 37,779 shares of the firm’s stock in a transaction dated Friday, March 11th. The stock was sold at an average price of $12.26, for a total value of $463,170.54. The disclosure for this sale can be found here. 2.44% of the stock is owned by company insiders.

A number of large investors have recently modified their holdings of LAUR. Norges Bank acquired a new stake in Laureate Education in the 4th quarter worth about $11,597,000. D. E. Shaw & Co. Inc. boosted its stake in Laureate Education by 802.0% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 282,500 shares of the company’s stock worth $3,458,000 after buying an additional 251,181 shares during the last quarter. BlackRock Inc. boosted its stake in Laureate Education by 2.1% in the 4th quarter. BlackRock Inc. now owns 6,785,763 shares of the company’s stock worth $83,059,000 after buying an additional 139,006 shares during the last quarter. Marshall Wace LLP boosted its stake in Laureate Education by 142.7% in the 4th quarter. Marshall Wace LLP now owns 217,591 shares of the company’s stock worth $2,663,000 after buying an additional 127,951 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Laureate Education by 4.8% in the 4th quarter. Geode Capital Management LLC now owns 1,761,120 shares of the company’s stock worth $21,556,000 after buying an additional 80,247 shares during the last quarter.

About Laureate Education (Get Rating)

Laureate Education, Inc, together with its subsidiaries, provides higher education programs and services to students through a network of universities and higher education institutions. The company offers 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.

Further Reading

Earnings History for Laureate Education (NASDAQ:LAUR)

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