Laureate Education Inc. (LAUR)
Laureate Education Inc. (LAUR) Q2 2024 Earnings Call Transcript
Laureate Education Inc. (NASDAQ:LAUR ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Eilif Serck-Hanssen - President and CEO Rick Buskirk - SVP & CEO Adam Morse - SVP, Corporate Finance & Global Treasurer Conference Call Participants Lucas Dai Nagano - Morgan Stanley Operator Good day, and thank you for standing by. Welcome to the 2024 Second Quarter Laureate Education Earnings Call.
Laureate Education (LAUR) Q2 Earnings and Revenues Top Estimates
Laureate Education (LAUR) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.35 per share a year ago.
Laureate Education: Attractive Valuation And Growth Drivers Ahead
Laureate is a leading player in Mexico and Peru's higher education market, offering traditional, hybrid and online education opportunities. Underpenetrated markets in Mexico and Peru offer significant expansion opportunities, plus the shift to hybrid/online learning that could help margins. The company is currently undervalued (40-60% upside from current levels) trading at low multiples despite strong fundamentals and growth prospects.
Laureate Education (LAUR) Upgraded to Strong Buy: What Does It Mean for the Stock?
Laureate Education (LAUR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
3 Reasons Growth Investors Will Love Laureate Education (LAUR)
Laureate Education (LAUR) possesses solid growth attributes, which could help it handily outperform the market.
3 Stocks to Buy Based on Mary Meeker's AI Report
Mary Meeker, a prominent figure in the tech investment landscape, released a report last week urging a collaborative effort among the tech industry, government, and higher education institutions to accelerate artificial intelligence (AI) advancement, highlighting potential stocks to buy in the EdTech sector. The report emphasized the significance of the current moment, which Meeker describes as an “inflection point of epic proportions,” for the future of democracy and power dynamics globally.
Laureate Education: Leading Universities In Peru And Mexico
LAUR has shown strong revenue growth and expanding profit margins over the past three years. The company's 1Q24 earnings continued to deliver top-line growth, despite it being a weaker revenue quarter. The low higher education gross participation rate, strong incentives to attend tertiary education, and large market share for private institutions are expected to strengthen LAUR's growth outlook.
