Laureate Education (NASDAQ:LAUR) Announces Quarterly Earnings Results, Beats Estimates By $0.40 EPS

Market Beat
2024.11.01 21:44
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Laureate Education (NASDAQ:LAUR) reported quarterly earnings of {{.Question}}.56 EPS, exceeding estimates by {{.Question}}.40. The company generated revenue of .60 million, slightly below the expected .80 million. Year-over-year, revenue increased by 2.0%. The net margin stood at 12.64%, with a return on equity of 21.37%. Following the earnings report, Morgan Stanley downgraded the stock from "overweight" to "equal weight" with a price target of .00, while BMO Capital Markets raised their target from .00 to .00, maintaining an "outperform" rating.