Laureate Education (LAUR) Misses Q4 EPS by 9c, provides guidance

Laureate Education (NASDAQ: LAUR) reported Q4 EPS of $0.26, $0.09 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $409.4 million versus the consensus estimate of $387.8 million.

GUIDANCE:

Laureate Education sees FY2024 revenue of $1.553-1.568 billion, versus the consensus of $1.561 billion.
Laureate currently expects its full-year 2024 results to be as follows:

Total enrollments expected to be in the range of 467,000 to 473,000 students, reflecting growth of 4%-5% versus 2023;
Adjusted EBITDA expected to be in the range of $441 million to $451 million, reflecting growth of 5%-8% on an as-reported basis and 6%-9% on an organic constant currency basis versus 2023.

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

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