Laureate Education Inc reports results for the quarter ended March 31 - Earnings Summary

• Laureate Education Inc LAUR.OQ reported a quarterly adjusted loss of 13 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -7 cents. The lone analyst forecast for the quarter was for a loss of 14 cents per share.

• Revenue fell 14.2% to $236.20 million from a year ago; analysts expected $225.00 million.

• Laureate Education Inc shares had fallen by 1.9% this quarter and gained 9.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 366.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the miscellaneous educational service providers peer group is also "buy"

• Wall Street's median 12-month price target for Laureate Education Inc is $24.50

This summary was machine generated from LSEG data May 1 at 01:32 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)