Nelnet Inc reports results for the quarter ended in March - Earnings Summary

Nelnet

10/05/2022 06:03

* Nelnet Inc  NNI.N  reported quarterly adjusted earnings of
$4.91​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for earnings of $2.01 per
share.
    * Revenue rose 41.5% to $481.56 million from a year ago; 
analysts
expected $334.84 million. 
    * Nelnet Inc's reported EPS for the quarter was $4.86​.
    * The mean earnings estimate of analysts had fallen by
about 7.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Nelnet Inc shares had fallen by 4.9% this quarter and
lost 17.3%
so far this year.
    * Wall Street's median 12-month price target for Nelnet Inc
is
$90.00 
    * 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." 

This summary was machine generated May 10 at 05:03 a.m.  ​All
figures in US dollars unless otherwise stated