SLM Corp expected to post earnings of $1.07 a share - Earnings Preview

SLM

23/04/2024 24:22

* SLM Corp  SLM.OQ   SLM.O  is expected to show a fall in
quarterly revenue when it reports  results on April 24 for the
period ending March 31 2024
    * The Newark Delaware Delaware-based  company is expected to
report a 4.2% decrease in revenue to $387.894 million from
$405.07 million a year ago, according to the mean estimate from
9 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for SLM Corp is for earnings
of
$1.07 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"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 SLM Corp is
$24.50​, above​ its last closing price of $21.32. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.89        0.89       0.91      Beat    2.4
 Sep. 30 2023  0.27        0.31       0.11      Missed  -64.6
 Jun. 30 2023  1.16        1.16       1.10      Missed  -5.3​
 Mar. 31 2023  0.32        0.35       0.47      Beat    32.6
 ​​Dec.        0.46        0.47       -0.33     Missed  -170.8
 31 2022                                                
 Sep. 30 2022  0.46        0.48       0.29      Missed  -39.7​
 Jun. 30 2022  1.33        1.30       1.29      Missed  -0.6
 Mar. 31 2022  0.82        0.82       0.46      Missed  -44.2
 This summary was machine generated April 22 at 23:22 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)