Previous Close | 14.59 |
Open | 13.31 |
Bid | 14.21 x 200 |
Ask | 14.26 x 100 |
Day's Range | 13.26 - 14.37 |
52 Week Range | 11.34 - 15.06 |
Volume | |
Avg. Volume | 682,844 |
Market Cap | 2.208B |
Beta (5Y Monthly) | 0.79 |
PE Ratio (TTM) | 19.23 |
EPS (TTM) | 0.74 |
Earnings Date | Aug 01, 2024 - Aug 05, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Nov 14, 2023 |
1y Target Est | 17.67 |
Despite a Net Loss, Revenue Growth and Enrollment Increases Highlight Resilience
Higher education company Laureate Education (NASDAQ:LAUR) announced better-than-expected results in Q1 CY2024, with revenue up 9.6% year on year to $275.4 million. The company expects the full year's revenue to be around $1.57 billion, in line with analysts' estimates. It made a GAAP loss of $0.07 per share, improving from its loss of $0.17 per share in the same quarter last year.
Company Increases Full-Year 2024 GuidanceMIAMI, May 02, 2024 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR), which operates five higher education institutions across Mexico and Peru, today announced financial results for the first quarter of 2024. First Quarter 2024 Highlights (compared to first quarter 2023): New enrollments increased 1%.Total enrollments increased 5%.On a reported basis, revenue increased 10% to $275.4 million. On an organic constant currency basis1, revenue incre