Wall Street brokerages expect Laureate Education Inc. (NASDAQ:LAUR) to announce sales of $1.25 billion for the current quarter, according to Zacks. Five analysts have provided estimates for Laureate Education’s earnings, with the highest sales estimate coming in at $1.25 billion and the lowest estimate coming in at $1.24 billion. The business is scheduled to report its next earnings results on Thursday, August 10th.

On average, analysts expect that Laureate Education will report full year sales of $1.25 billion for the current fiscal year, with estimates ranging from $4.30 billion to $4.34 billion. For the next financial year, analysts expect that the firm will report sales of $4.53 billion per share, with estimates ranging from $4.47 billion to $4.58 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover Laureate Education.

Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings data on Thursday, May 11th. The company reported ($1.05) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.95) by $0.10. The company had revenue of $855.90 million during the quarter, compared to the consensus estimate of $832 million. Laureate Education’s revenue for the quarter was down 5.6% on a year-over-year basis.

A number of brokerages recently issued reports on LAUR. Stifel Nicolaus began coverage on Laureate Education in a report on Monday, February 27th. They set a “buy” rating and a $17.00 price objective on the stock. Robert W. Baird began coverage on Laureate Education in a report on Monday, February 27th. They set an “outperform” rating and a $16.00 price objective on the stock. Credit Suisse Group began coverage on Laureate Education in a report on Monday, February 27th. They set an “outperform” rating and a $19.00 price objective on the stock. Piper Jaffray Companies began coverage on Laureate Education in a report on Monday, February 27th. They set an “overweight” rating and a $19.00 price objective on the stock. Finally, Macquarie began coverage on Laureate Education in a report on Monday, February 27th. They set an “outperform” rating and a $17.00 price objective on the stock. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Laureate Education currently has a consensus rating of “Buy” and an average target price of $16.95.

Shares of Laureate Education (LAUR) opened at 17.89 on Thursday. The company has a market cap of $3.01 billion and a price-to-earnings ratio of 8.04. The company has a 50 day moving average price of $15.63 and a 200 day moving average price of $14.35. Laureate Education has a one year low of $12.12 and a one year high of $18.12.

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A number of hedge funds have recently modified their holdings of LAUR. Nationwide Fund Advisors bought a new stake in shares of Laureate Education during the first quarter worth about $146,000. Stifel Financial Corp bought a new stake in shares of Laureate Education during the first quarter worth about $147,000. Strs Ohio bought a new stake in shares of Laureate Education during the first quarter worth about $148,000. MARSHALL WACE ASIA Ltd bought a new stake in shares of Laureate Education during the first quarter worth about $241,000. Finally, Marshall Wace North America L.P. bought a new stake in shares of Laureate Education during the first quarter worth about $241,000. 96.32% of the stock is currently owned by institutional investors and hedge funds.

Laureate Education Company Profile

Laureate Education, Inc operates a network of degree-granting higher education institution. The Company operates in four segments: Latin America (LatAm); Europe; Asia, Middle East and Africa (AMEA), and Global Products and Services (GPS). The Company’s network includes approximately 70 institutions in over 25 countries on over 200 campuses, which the Company collectively refer to as the Laureate International Universities network.

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