Laureate Education (LAUR) To Report Earnings Tomorrow: Here Is What To Expect

Higher education company Laureate Education (NASDAQ:LAUR) will be reporting earnings this Thursday morning. Here’s what to look for.

Laureate Education beat analysts’ revenue expectations last quarter, reporting revenues of $272.6 million, up 15.4% year on year. It was a strong quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates. It reported 507,700 enrolled students, up 6.4% year on year.

Is Laureate Education a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Laureate Education’s revenue to grow 14.9% year on year, improving from the 5% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Laureate Education has a history of exceeding Wall Street’s expectations.

Looking at Laureate Education’s peers in the consumer discretionary segment, some have already reported their Q2 results, giving us a hint as to what we can expect. AMC Entertainment delivered year-on-year revenue growth of 14.2%, beating analysts’ expectations by 8.7%, and Delta reported revenues up 18.7%, topping estimates by 3.9%. AMC Entertainment traded up 13.4% following the results while Delta was down 3.2%.

Read our full analysis of AMC Entertainment’s results here and Delta’s results here.

Investors in the consumer discretionary segment have had steady hands going into earnings, with share prices flat over the last month. Laureate Education is up 3.8% during the same time and is heading into earnings with an average analyst price target of $40.64 (compared to the current share price of $37.74).

ONE MORE THING: The $21 AI Application Stock Wall Street Forgot. While Wall Street obsesses over who’s building AI, one company is already using it to print money. And nobody’s paying attention.

AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won’t last. The institutions will figure it out. You need to see this first. Read the FREE Report Before They Notice.