Stock Track | Laureate Education Inc. Soars 5.12% on Stellar Q4 Earnings Beat

Stock Track
02-20

Laureate Education Inc. (NASDAQ:LAUR) stock soared 5.12% in the intraday trading session on Thursday, following the company's strong fourth-quarter earnings report.

Laureate Education reported Q4 earnings per share of $0.62, beating the analyst consensus estimate of $0.42 by a significant 47.62%. The company also posted quarterly sales of $423.40 million, surpassing expectations of $411.50 million by 2.89%. Both earnings and revenue figures showed year-over-year improvements, with EPS up 138.46% and sales increasing 3.42% compared to the same period last year.

The impressive earnings beat, driven by solid revenue growth and cost management, boosted investor confidence in Laureate Education's prospects, leading to the stock's surge on Thursday's trading session.

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