Zacks: Analysts Expect Laureate Education Inc (LAUR) to Announce -$0.21 EPS

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Wall Street brokerages expect Laureate Education Inc (NASDAQ:LAUR) to announce earnings per share (EPS) of ($0.21) for the current quarter, Zacks reports. Four analysts have issued estimates for Laureate Education’s earnings, with the lowest EPS estimate coming in at ($0.33) and the highest estimate coming in at ($0.10). Laureate Education reported earnings of ($0.91) per share during the same quarter last year, which indicates a positive year over year growth rate of 76.9%. The firm is scheduled to report its next earnings report on Wednesday, November 14th.

According to Zacks, analysts expect that Laureate Education will report full year earnings of $2.09 per share for the current year, with EPS estimates ranging from $2.06 to $2.12. For the next financial year, analysts forecast that the company will report earnings of $0.96 per share, with EPS estimates ranging from $0.56 to $1.14. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Laureate Education.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings results on Thursday, August 9th. The company reported $1.00 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.70 by $0.30. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.25 billion. Laureate Education had a return on equity of 13.74% and a net margin of 11.22%. The firm’s quarterly revenue was down 2.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.28 EPS.

A number of analysts recently commented on LAUR shares. Zacks Investment Research upgraded shares of Laureate Education from a “hold” rating to a “strong-buy” rating and set a $17.00 price objective for the company in a research report on Wednesday, July 11th. Citigroup lowered their price objective on shares of Laureate Education from $20.50 to $19.00 and set a “buy” rating for the company in a research report on Wednesday, July 11th. Barclays restated a “hold” rating and issued a $17.00 price objective on shares of Laureate Education in a research report on Friday, August 10th. Barrington Research restated a “buy” rating and issued a $20.00 price objective on shares of Laureate Education in a research report on Friday, August 10th. Finally, ValuEngine upgraded shares of Laureate Education from a “sell” rating to a “hold” rating in a research report on Friday, August 17th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $18.41.

In other Laureate Education news, CEO Paula R. Singer sold 7,703 shares of the stock in a transaction dated Monday, October 15th. The stock was sold at an average price of $14.89, for a total transaction of $114,697.67. Following the completion of the transaction, the chief executive officer now owns 60,661 shares in the company, valued at approximately $903,242.29. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Paula R. Singer sold 23,109 shares of the stock in a transaction dated Tuesday, August 14th. The stock was sold at an average price of $16.00, for a total value of $369,744.00. Following the transaction, the chief executive officer now owns 76,067 shares of the company’s stock, valued at approximately $1,217,072. The disclosure for this sale can be found here. In the last quarter, insiders have sold 38,515 shares of company stock valued at $602,375. Corporate insiders own 13.10% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC bought a new position in Laureate Education during the 1st quarter worth about $106,000. Barclays PLC boosted its stake in shares of Laureate Education by 49.2% during the 1st quarter. Barclays PLC now owns 13,090 shares of the company’s stock worth $180,000 after buying an additional 4,315 shares during the last quarter. Tower Research Capital LLC TRC acquired a new position in shares of Laureate Education during the 2nd quarter worth about $312,000. Fox Run Management L.L.C. boosted its stake in shares of Laureate Education by 78.0% during the 2nd quarter. Fox Run Management L.L.C. now owns 25,619 shares of the company’s stock worth $367,000 after buying an additional 11,226 shares during the last quarter. Finally, Trexquant Investment LP acquired a new position in shares of Laureate Education during the 2nd quarter worth about $440,000. Hedge funds and other institutional investors own 35.04% of the company’s stock.

Shares of LAUR stock traded down $0.08 during trading hours on Friday, reaching $15.25. The company had a trading volume of 8,154 shares, compared to its average volume of 684,287. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.32. The company has a market cap of $3.47 billion, a P/E ratio of -12.69, a price-to-earnings-growth ratio of 1.90 and a beta of 1.19. Laureate Education has a 1-year low of $10.46 and a 1-year high of $16.99.

Laureate Education Company Profile

Laureate Education, Inc, together with its subsidiaries, provides higher education programs and services to students through universities and higher education institutions. It operates through six segments: Brazil, Mexico, Andean & Iberian, Central America & U.S. Campuses, EMEAA, and Online & Partnerships.

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