Laureate Education (LAUR) Misses Q4 EPS by 17c

Laureate Education (NASDAQ: LAUR) reported Q4 EPS of $0.28, $0.17 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $883.2 million versus the consensus estimate of $879.22 million.

Outlook for Fiscal 2020:

Continuing Operations

• Total enrollments expected to be approximately 910,000, reflecting growth of roughly 4%;
• Revenues expected to be in the range of $3,130 to $3,170 million, reflecting growth of approximately 2%-3% on an organic constant currency basis; and
• Adjusted EBITDA expected to be in the range of $670 to $685 million, reflecting growth of 8%-11% on an organic constant currency basis.

For earnings history and earnings-related data on Laureate Education (LAUR) click here.

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