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Laureate Education Inc Reveals Climb In Q2 Bottom Line

Laureate Education Inc Reveals Climb In Q2 Bottom Line

(RTTNews) – Laureate Education Inc (LAUR) reported a profit for its second quarter that Increases, from last year

The company’s earnings totaled $137.1 million, or $0.98 per share. This compares with $95.1 million, or $0.65 per share, last year.

Excluding items, Laureate Education Inc reported adjusted earnings of $139.8 million or $1.00 per share for the period.

The company’s revenue for the period rose 17.5% to $615.9 million from $524.2 million last year.

Laureate Education Inc earnings at a glance (GAAP) :

-Earnings: $137.1 Mln. vs. $95.1 Mln. last year.
-EPS: $0.98 vs. $0.65 last year.
-Revenue: $615.9 Mln vs. $524.2 Mln last year.

-Guidance:
Full year EPS guidance: $ 2.04 To $ 2.10
Full year revenue guidance: $ 1.920 B To $ 1.930 B

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Note. For informational purposes only. Not financial advice. Past performance does not guarantee future results.