Laureate Education Reiterated FY24 Revenue Of $1.551B-$1.566B Vs $1.56B Est
Portfolio Pulse from Benzinga Newsdesk
Laureate Education has reiterated its FY24 revenue guidance to be between $1.551 billion and $1.566 billion, slightly below the $1.56 billion estimate. The company expects a 5% growth in total enrollments and revenue, with adjusted EBITDA projected to grow by 7%-8%.
October 31, 2024 | 11:21 am
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Laureate Education reiterated its FY24 revenue guidance, slightly below estimates, with expected growth in enrollments and EBITDA.
The reaffirmation of revenue guidance slightly below estimates may not significantly impact the stock price as the company still projects growth in enrollments and EBITDA. The market may view this as a neutral update.
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