Laureate Education (NASDAQ:LAUR) Posts Quarterly Earnings Results, Misses Expectations By $0.12 EPS

Laureate Education (NASDAQ:LAUR) released its quarterly earnings results on Thursday. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.12), Briefing.com reports. Laureate Education had a net margin of 8.19% and a return on equity of 13.87%. The firm had revenue of $275.40 million for the quarter, compared to the consensus estimate of $269.35 million. During the same quarter in the prior year, the firm earned ($0.17) earnings per share. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year.

Laureate Education Stock Up 5.3 %

NASDAQ:LAUR traded up $0.75 during trading hours on Friday, reaching $14.98. 882,020 shares of the company traded hands, compared to its average volume of 798,550. The business’s 50-day moving average price is $14.11 and its two-hundred day moving average price is $13.60. The stock has a market capitalization of $2.36 billion, a P/E ratio of 20.24 and a beta of 0.74. Laureate Education has a 1 year low of $11.34 and a 1 year high of $15.06. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.12.

Wall Street Analyst Weigh In

Separately, TheStreet upgraded Laureate Education from a “c+” rating to a “b” rating in a research 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.