earnings
confidence high
sentiment positive
materiality 0.75
Laureate Education Q2 revenue up 8% to $499M; EPS $0.83; guides FY revenue $1.55-$1.57B
LAUREATE EDUCATION, INC.
2024-Q2 EPS reported
$0.75
revenue$774,617,000
- Revenue $499.2M (+8% YoY); operating income $166.6M vs $154.5M.
- Net income $128.4M ($0.83 diluted EPS) vs $56.3M; Adjusted EBITDA $186.9M vs $175.4M.
- Total enrollments +5% (467K-473K expected FY); new enrollments +2%.
- Full-year guidance: revenue $1,551M-$1,566M (5-6% growth), Adj. EBITDA $441M-$451M (5-8% growth).
- Repurchased ~$72M of stock in H1; cash $128.8M, debt $232.6M, net debt $103.7M.