earnings
confidence high
sentiment positive
materiality 0.70
Laureate Education Q4 rev $296.7M, adj EBITDA $60.7M; FY22 guide rev up 8-10%
LAUREATE EDUCATION, INC.
2021-FY EPS reported
$1.01
revenue$1,086,701,000
- Revenue $296.7M in Q4 2021 (+4% reported, +10% organic constant currency); operating loss of $11.0M vs income $36.9M.
- FY2021 revenue $1,086.7M (+6% reported); new enrollments +15%, total enrollments +15%; operating loss $4.6M vs loss $329.3M.
- Adjusted EBITDA FY2021 $253.4M (up from $205.7M); Q4 adj EBITDA $60.7M (down from $90.6M due to academic calendar timing).
- FY2022 guidance: rev $1,169M-$1,194M (8-10% organic CC growth), adj EBITDA $320M-$330M, enrollments 405k-415k (+5-7% organic).
- Special cash distributions of $7.01 and $0.58 per share paid in Oct/Dec 2021 totaling ~$1.4B from Walden sale proceeds.