LAUR - Laureate Education GAAP EPS of $0.35 misses by $0.17 revenue of $462.1M beats by $25.2M
2023-08-03 07:40:11 ET
- Laureate Education press release ( NASDAQ: LAUR ): Q2 GAAP EPS of $0.35 misses by $0.17 .
- Revenue of $462.1M (+19.9% Y/Y) beats by $25.2M .
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Based on the current foreign exchange spot rates, Laureate currently expects its full-year 2023 results to be as follows:
- Total enrollments are still expected to be in the range of 447,000 to 455,000 students, reflecting growth of 6%-7% versus 2022;
- Revenues are now expected to be in the range of $1,483 million to $1,495 million, reflecting growth of 19%-20% on an as-reported basis and 10% on an organic constant currency basis versus 2022; and
- Adjusted EBITDA is now expected to be in the range of $419 million to $427 million, reflecting growth of 24%-26% on an as-reported basis and 14%-16% on an organic constant currency basis versus 2022.
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Laureate Education GAAP EPS of $0.35 misses by $0.17, revenue of $462.1M beats by $25.2M