Laureate Education, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Laureate Education, Inc. reported quarterly adjusted earnings of 73 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of four analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 44 cents to 54 cents per share.

• Revenue rose 21.2% to $485.10 million from a year ago; analysts expected $480.17 million.

• Laureate Education, Inc.'s reported EPS for the quarter was 73 cents​.

• The company reported quarterly net income of $101.2 million.

• Laureate Education, Inc. shares had fallen by 4.7% this quarter and gained 8.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the schools, colleges & universities peer group is also "buy"

• Wall Street's median 12-month price target for Laureate Education, Inc. is $42.00, about 13.4% above its last closing price of $36.36

This summary was machine generated from LSEG data October 29 at 07:07 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)