Nelnet Inc reports results for the quarter ended December 31 - Earnings Summary

Nelnet

28/02/2025 24:24

Nelnet Inc NNI.N reported quarterly adjusted earnings of $1.73​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -4 cents.  The lone analyst forecast for the quarter was for earnings of $1.23 per share.

Revenue rose 54.1% to $401.61 million from a year ago; analysts expected $335.47 million.

Nelnet Inc's reported EPS for the quarter was $1.73​.

The company reported quarterly net income of $63.16 million.

Nelnet Inc shares had risen by 4.9% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the consumer lending peer group is also "hold"

Wall Street's median 12-month price target for Nelnet Inc is $110.00

This summary was machine generated from LSEG data February 28 at 12:23 a.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
1.23
1.73
Beat
Sep. 30 2024
1.36
0.07
Missed
Jun. 30 2024
1.33
1.23
Missed
Mar. 31 2024
1.38
1.81
Beat