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Investing.com - Laureate Education, Inc. (NASDAQ:LAUR) reported better-than-expected first quarter results and raised its full-year 2025 guidance following favorable enrollment trends.
The company, which operates five higher education institutions across Mexico and Peru, saw its shares remain relatively unchanged in after-hours trading.
For the first quarter ended March 31, 2025, Laureate reported a loss of -$0.13 per share, beating analyst estimates of -$0.19 per share. Revenue came in at $236.2 million, surpassing the consensus estimate of $223.7 million.
However, revenue decreased 14% YoY on a reported basis and 1% on an organic constant currency basis.
The company’s total enrollments increased 4% YoY, or 6% when adjusted for the timing of semester start dates. New enrollments decreased 2% YoY, but were up 7% when adjusted for timing.
"We are pleased to report favorable new enrollment results during the recently completed main intake cycle in Peru and secondary intake cycle in Mexico, further reinforcing the resiliency of our business model," said Eilif Serck-Hanssen, President and CEO of Laureate Education.
Based on the strong enrollment trends, Laureate raised its full-year 2025 guidance. The company now expects revenue of $1.56-1.575 billion, compared to the previous analyst consensus of $1.57 billion.
Total (EPA:TTEF) enrollments are projected to be in the range of 491,000 to 495,000 students, reflecting growth of 4-5% versus 2024.
Laureate’s first quarter results were impacted by approximately $26 million due to later semester start dates compared to the previous year.
The company expects a majority of this timing impact to be offset in the second half of the year.
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