Laureate Education, Inc. (NASDAQ:LAUR) is set to announce third quarter earning results on Thursday 5th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, LAUR to report 3Q20 income of $ 0.14 per share.
For the full year, analysts anticipate top line of $ 2734.73 million, while looking forward to income of $ 0.16 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,490.00 million ~ $ 2,590.00 million
Click Here For More Historical Outlooks Of Laureate Education, Inc.
Previous Quarter Performance
Laureate Education, Inc. recorded income for the second quarter of $ 0.65 per share, from the revenue of $ 791.70 million. The quarterly earnings 41.30 percent while revenues dropped 20.99 percent compared with the same quarter last year.
Wall street analysts are predicting, LAUR to report 2Q20 income of $ 0.44 per share from revenue of $ 786.42 million. The bottom line results beat street analysts by $ 0.21 or 47.73 percent, at the same time, top line results outshined analysts by $ 5.28 million or 0.67 percent.
Stock Performance
Shares of Laureate Education, Inc. traded low $ -0.15 or -1.14 percent on Wednesday, reaching $ 13.00 with volume of 574.10 thousand shares. Laureate Education, Inc. has traded high as $ 13.21 and has cracked $ 12.70 on the downward trend
The closing price of $ 13.00, representing a 80.14 % increase from the 52 week low of $ 7.30 and a 39.29 % decrease over the 52 week high of $ 21.66.
The company has a market capital of $ 2.73 billion and is part of the Consumer Defensive sector and Education & Training Services industry.
Conference Call
Laureate Education, Inc. will be hosting a conference call at 8:30 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.laureate.net
Laureate Education, Inc., together with its subsidiaries, provides higher education programs and services to students through a network of universities and higher education institutions. It operates through five segments: Brazil, Mexico, Andean, Rest of World, and Online & Partnerships. The company offers a range of undergraduate and graduate degree programs primarily in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs.
