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Dec 31, 2021
Laureate Q4 2021 Earnings Report
Laureate Education's Q4 2021 financial results were announced, showing a revenue increase and an operating loss, but with net income influenced by discontinued operations.
Key Takeaways
Laureate Education reported a 4% increase in revenue to $296.7 million for Q4 2021. The company experienced an operating loss of $(11.0) million but net income of $37.8 million, which includes discontinued operations. Adjusted EBITDA was $60.7 million.
Revenue increased by 4% to $296.7 million.
Operating loss was $(11.0) million.
Net income was $37.8 million, including discontinued operations.
Adjusted EBITDA was $60.7 million.
Forward Guidance
Laureate anticipates growth in total enrollments, revenues, and Adjusted EBITDA for the full year 2022.
Positive Outlook
- Total enrollments are expected to be in the range of 405,000 to 415,000 students, reflecting growth of 5%-7% on an organic basis versus 2021.
- Revenues are expected to be in the range of $1,169 million to $1,194 million, reflecting growth of 8%-10% on an organic constant currency basis versus 2021.
- Adjusted EBITDA is expected to be in the range of $320 million to $330 million, reflecting growth of 19%-22% on an organic constant currency basis versus 2021 (up 26%-30% on an as-reported basis).
- Strong financial position with significant liquidity.
- Investments in new digital capabilities are expected to drive robust growth.
Challenges Ahead
- The company does not currently have sufficient data to accurately estimate the variables and individual adjustments for such outlooks and reconciliations.
- The company cannot reconcile projected Adjusted EBITDA to projected net income without unreasonable effort.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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