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Laureate Education Inc (LAUR)
NASDAQ:LAUR
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.42Last Year’s EPS
$0.31Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2024
|% Change Since: 17.99%
|Next Earnings Date:Feb 20, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance and enrollment growth, particularly in Peru, and an improved financial outlook. However, currency headwinds and an economic pullback in Mexico were noted as challenges.Company Guidance
During the Q3 2024 earnings call for Laureate Education, Inc., the company reported a third-quarter revenue of $369 million and an adjusted EBITDA of $91 million, both surpassing the earlier guidance. This strong performance was primarily driven by a 12% increase in new enrollments in Peru, with expectations for this growth to reach 16% upon the completion of the intake cycle. In Mexico, despite a post-election economic pullback, new enrollments grew by 4% year-over-year. The company raised its constant currency outlook for 2024 by $50 million in revenue and $6 million in adjusted EBITDA, although currency headwinds from a weaker Mexican peso are expected to offset these improvements. The balance sheet remains strong, with $134 million in cash and a net debt position of $20 million. Additionally, Laureate completed a $100 million stock repurchase program and announced a new $100 million authorization, bringing the total capital returned to shareholders to nearly $3 billion since 2019.Strong Financial Performance in Q3 2024
Third quarter revenue was $369 million, and adjusted EBITDA was $91 million, both ahead of the guidance provided in early August.
Significant Enrollment Growth in Peru
New enrollments in Peru increased by 12% year-over-year for the third quarter, with expectations of a 16% increase by the end of the intake cycle.
Improved Constant Currency Outlook
Increase in constant currency outlook for 2024 at the midpoint by $50 million for revenues and $6 million for adjusted EBITDA.
Strong Balance Sheet and Capital Returns
Completion of a $100 million stock repurchase program, with a new $100 million authorization announced in September.
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LAUR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LAUR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $15.56 | $17.18 | +10.41% |
| Aug 01, 2024 | $15.50 | $15.28 | -1.42% |
| May 02, 2024 | $14.59 | $14.23 | -2.47% |
| Feb 22, 2024 | $13.11 | $13.15 | +0.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Laureate Education Inc (LAUR) report earnings?
Laureate Education Inc (LAUR) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Laureate Education Inc (LAUR) earnings time?
Laureate Education Inc (LAUR) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LAUR EPS forecast?
LAUR EPS forecast for the fiscal quarter 2024 (Q4) is $0.42.
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