NASDAQ$LAUR

Laureate Education Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported strong new enrollment trends in Peru and announced an increase in share repurchase authorization.

Laureate Education reported a revenue increase of 1% to $194.7 million and an adjusted EBITDA of $9.7 million for the first quarter of 2021. New enrollments increased by 59%, and total enrollments were up by 2%. The company also announced a $200 million increase in its share buyback authorization, bringing the total to $500 million.

  • New enrollments for the first quarter of 2021 increased 59% compared to the first quarter of 2020.
  • Total enrollments were up 2% compared to the prior year period.
  • Revenue on a reported basis was $194.7 million, an increase of 1% compared to the first quarter of 2020.
  • Adjusted EBITDA for the first quarter of 2021 was $9.7 million, compared to $(29.4) million for the first quarter of 2020.

Headline financials

Total Revenue

$195M

Previous: $529M-63.2%
EPS (adj)

-$0.82

Previous: -$0.64-28.1%
Adjusted EBITDA

$9.7M

Previous: -$36.9M+126.3%
Free Cash Flow

-$165M

Previous: $99.6M-265.6%
Net Income

-$165M

Previous: $99.6M-265.6%
Operating Income

-$86.4M

Previous: -$117M+26.2%
Gross Profit

$12.9M

Previous: -$60.4M+121.3%
Cash & Equivalents

$561M

Previous: $547M+2.7%
Total Assets

$4.48B

Previous: $6.5B-31.0%
Stock-Based Comp

$1.58M

No prior period

Revenue & EPS history

Laureate · Revenue · Quarterly

$195M

Q1 2021-63.2%vs Q1 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

Laureate is re-affirming its previously issued full-year 2021 guidance and outlook for 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+2.4%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+4.4%

Avg return

30 days after

68%

28 / 41 earnings

Positive

+16.2%

Q3 2021

Best reaction

-13.5%

Q3 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.9%+2.2%+1.2%
Q4 2025-3.1%-4.6%-5.2%
Q3 2025+10.2%+2.7%+7.0%
Q1 2025+2.8%+12.9%+12.1%
Q4 2024+4.2%-4.6%-4.0%
Q3 2024+8.6%+13.4%+22.1%
Q2 2024-7.4%-7.2%-0.5%
Q1 2024+2.7%+8.3%+7.3%
Q4 2023+0.2%+0.8%+7.6%
Q3 2023-4.7%-8.2%-7.9%
Q2 2023+4.8%+9.5%+11.1%
Q1 2023+3.6%+0.3%+4.8%
Q4 2022+15.2%+14.1%+10.8%
Q3 2022+2.2%-1.3%-14.5%
Q2 2022-3.0%-2.5%-5.1%
Q1 2022+2.9%+1.1%+15.8%
Q4 2021-4.9%-4.9%+10.0%
Q3 2021+16.2%+18.0%-0.8%
Q2 2021+4.1%+2.1%+4.1%
Q1 2021+4.3%+7.9%+14.3%
Q4 2020-7.2%-7.2%-5.8%
Q3 2020+7.9%+7.5%+12.6%
Q2 2020+6.8%+10.2%+1.9%
Q1 2020-2.6%-11.7%+22.5%
Q4 2019-6.4%-4.2%-48.0%
Q3 2019+6.0%+5.2%+4.7%
Q2 2019+15.4%+9.3%+14.5%
Q1 2019+5.0%+6.0%+6.1%
Q4 2018+4.0%+2.7%+1.8%
Q3 2018-0.3%-2.6%-7.9%
Q2 2018+8.3%+9.4%+3.9%
Q1 2018+0.1%+1.0%+7.9%
Q4 2017+2.3%-6.3%+3.9%
Q2 2017+2.3%-6.3%+3.9%
Q4 2015+2.3%-6.3%+3.9%
Q3 2016-13.5%-17.1%-3.6%
Q3 2017-13.5%-17.1%-3.6%
Q2 2016-8.1%-10.2%-14.2%
Q4 2016+12.1%+10.3%+28.4%
Q1 2017+12.1%+10.3%+28.4%
Q1 2016+12.1%+10.3%+28.4%
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014

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