Overview

* Laureate Q2 revenue grows 5% to $524.2 mln, beating analyst expectations

* Net income for Q2 declines due to foreign currency exchange loss

* Adjusted EBITDA for Q2 rises, benefiting from academic calendar timing

Outlook

* Laureate expects 2025 revenues between $1,615 mln and $1,630 mln

* Company sees 2025 Adjusted EBITDA between $489 mln and $496 mln

* Total enrollments for 2025 expected between 491,000 and 495,000

* Laureate anticipates 3%-4% revenue growth on an as-reported basis

Result Drivers

* ACADEMIC CALENDAR - Revenue and Adjusted EBITDA favorably affected by intra-year academic calendar timing, contributing $8 mln and $7 mln respectively

* ENROLLMENT GROWTH - New enrollments increased 7%, with total enrollments up 6%, supporting revenue growth

* FOREIGN EXCHANGE LOSS - Net income impacted by foreign currency exchange loss related to intercompany loan arrangements

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $524.20 $502 mln

Revenue mln (1

Analyst)

Q2 Net $97.40

Income mln

Q2 $214.50

Adjusted mln

EBITDA

Q2 $193.30

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the miscellaneous educational service providers peer group is "buy"

* Wall Street's median 12-month price target for Laureate Education Inc ( LAUR ) is $26.50, about 13.8% above its July 30 closing price of $22.83

* The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)