Laureate Education Inc. (LAUR) Scheduled to Post Quarterly Earnings on Wednesday
Laureate Education Inc. (NASDAQ:LAUR) is scheduled to be announcing its earnings results after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of ($0.61) per share for the quarter.
Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings results on Tuesday, August 8th. The company reported $0.28 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by ($0.25). The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.24 billion. The business’s revenue was up 3.7% compared to the same quarter last year. On average, analysts expect Laureate Education to post $-0.94 EPS for the current fiscal year and $0.68 EPS for the next fiscal year.
LAUR has been the topic of several research reports. Piper Jaffray Companies restated a “buy” rating and set a $17.00 price objective on shares of Laureate Education in a report on Tuesday, August 29th. Stifel Nicolaus restated a “buy” rating and set a $21.00 price objective (up from $20.00) on shares of Laureate Education in a report on Friday, July 7th. Finally, Zacks Investment Research downgraded Laureate Education from a “hold” rating to a “sell” rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $17.28.
In other Laureate Education news, COO Ricardo M. Berckemeyer sold 47,983 shares of Laureate Education stock in a transaction dated Wednesday, August 30th. The stock was sold at an average price of $14.29, for a total transaction of $685,677.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Richard J. Patro sold 16,383 shares of Laureate Education stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $15.21, for a total value of $249,185.43. The disclosure for this sale can be found here. Insiders own 13.10% of the company’s stock.
About Laureate Education
Laureate Education, Inc provides higher education programs and services to students through an international network of licensed universities and higher education institutions (institutions). The Company’s programs are provided through institutions that are campus-based and Internet-based, or through electronically distributed educational programs (online).
Receive News & Ratings for Laureate Education Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laureate Education Inc. and related companies with MarketBeat.com's FREE daily email newsletter.