Nelnet Inc expected to post earnings of $1.33 a share - Earnings Preview

Nelnet

07/08/2024 02:22

* Nelnet Inc  NNI.N   NNI  is expected to show a fall in
quarterly
revenue when it reports  results on August 8 for the period
ending June 30 2024
    * The Lincoln Nebraska-based  company is expected to report
a
29.8% decrease in revenue to $358.75 million from $511.21
million a year ago, according to the estimate from one analyst,
based on LSEG data. (Sales Represents Total Revenue)
    * ​LSEG's mean analyst estimate for Nelnet Inc is for
earnings of
$1.33 per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Nelnet Inc
is
$96.00​, below​ its last closing price of $105.44. ​​​

This summary was machine generated August 7 at 01:22 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)