Laureate Education: Profit increase of 153% and all-time high after strategic realignment

The community of universities faced a revenue decline from 3.3 billion USD the previous year to just 1.0 billion USD in 2020. While Laureate Education appears to be a classic victim of the pandemic, a closer look reveals that the decline was primarily due to a strategic realignment. Until then, Laureate was a strongly internationally diversified provider of private universities. Starting in 2019, management decided to divest numerous international holdings. Since 2021, the company has focused exclusively on Mexico and Peru. The stock price suffered...