Laureate Education (LAUR) Tops Q2 EPS by 20c, provides guidance

Laureate Education (NASDAQ: LAUR) reported Q2 EPS of $0.83, $0.20 better than the analyst estimate of $0.63. Revenue for the quarter came in at $499.2 million versus the consensus estimate of $483.69 million.

GUIDANCE:

Laureate Education sees FY2024 revenue of $1.551-1.556 billion, versus the consensus of $1.562 billion. Total enrollments are still expected to be in the range of 467,000 to 473,000 students, reflecting growth of 4%-5% versus 2023; Adjusted EBITDA is now 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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