Laureate Education (LAUR) Misses Q3 EPS by 16c, Revenues Miss
Laureate Education (NASDAQ: LAUR) reported Q3 EPS of ($0.42), $0.16 worse than the analyst estimate of ($0.26). Revenue for the quarter came in at $787.1 million versus the consensus estimate of $929.37 million.
“I'm pleased with our progress towards executing on our operational priorities as outlined during the Investor Day we held at the beginning of the year,” said Eilif Serck-Hanssen, Chief Executive Officer. “The simplification of our portfolio and related strengthening of our risk management profile continue to yield tangible results.”
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