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Laureate Education: Q2 Earnings Snapshot
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MIAMI (AP) — MIAMI (AP) — Laureate Education Inc. (LAUR) on Thursday reported second-quarter profit of $137.1 million.

On a per-share basis, the Miami-based company said it had profit of 98 cents. Earnings, adjusted for non-recurring costs, came to $1 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 96 cents per share.

The for-profit higher education purveyor posted revenue of $615.9 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $608.1 million.

Laureate Education expects full-year earnings in the range of $2.04 to $2.10 per share, with revenue in the range of $1.92 billion to $1.93 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LAUR at https://www.zacks.com/ap/LAUR

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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