Nelnet Inc expected to post earnings of $1.79 a share - Earnings Preview

Nelnet

08/05/2021 24:15

* Nelnet Inc  NNI.N   NNI  is expected to show a rise in
quarterly revenue when it reports results on May 10 .
* The Lincoln, Nebraska-based company is expected to report   a
21.8% increase in revenue to $299.181 million from $245.7
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Nelnet Inc is for
earnings of $1.79 per share. For the same quarter last year, the
company reported a loss of 62 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* 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
$82​, about 8.5% above​ its last closing price of $74.99. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  5.78        5.78       6.10      Beat    5.6
 Sep. 30 2020  1.79        1.79       1.86      Beat    3.9
 Jun. 30 2020  2.42        2.42       2.21      Missed  -8.7​
 Mar. 31 2020  0.49        0.49       -0.62     Missed  -227.3
 Dec.          1.23​       1.23       1.12      Missed  -8.9​
 31​ 2019​                                              
 Sep. 30 2019  1.35        1.35       0.94      Missed  -30.6​
 Jun. 30 2019  1.24        1.24       1.32      Beat    6.3
 Mar. 31 2019  1.21        1.21       1.61      Beat    32.6
 This summary was machine generated May 7 at 23:15 GMT.  All
figures in US dollars unless otherwise stated