Laureate Education (NASDAQ:LAUR) Issues Earnings Results

Laureate Education (NASDAQ:LAUR) announced its quarterly earnings results on Thursday. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.12), Briefing.com reports. The firm had revenue of $275.40 million for the quarter, compared to analyst estimates of $269.35 million. Laureate Education had a return on equity of 12.69% and a net margin of 7.26%. The business’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.17) earnings per share.

Laureate Education Trading Up 5.3 %

LAUR traded up $0.75 during trading on Friday, hitting $14.98. 882,020 shares of the company’s stock were exchanged, compared to its average volume of 712,864. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.12. Laureate Education has a 1 year low of $11.34 and a 1 year high of $15.06. The stock has a 50 day moving average price of $14.11 and a 200 day moving average price of $13.61. The firm has a market cap of $2.36 billion, a P/E ratio of 23.41 and a beta of 0.74.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded Laureate Education from a “c+” rating to a “b” rating in a report on Monday, February 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.