Laureate Education Inc (LAUR) announced earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $93.6 million, or $0.62 per share. This compares with $41.9 million, or $0.26 per share, last year.
Analysts on average had expected the company to earn $0.42 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.4% to $423.4 million from $409.4 million last year.
Laureate Education Inc earnings at a glance (GAAP) :
-Earnings: $93.6 Mln. vs. $41.9 Mln. last year.
-EPS: $0.62 vs. $0.26 last year.
-Revenue: $423.4 Mln vs. $409.4 Mln last year.
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