SLM Corp expected to post earnings of $1.30 a share - Earnings Preview

SLM

26/07/2022 03:02

* SLM Corp  SLM.OQ   SLM.O  is expected to show a rise in
quarterly revenue when it reports  results on July 27. 
    * The Newark Delaware Delaware-based  company is expected to
report  a 5.1% increase in revenue to $356.129 million from
$338.78 million a year ago, according to the mean estimate from
9 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for SLM Corp is for
earnings
of $1.30 per share. For the same quarter last year, the company
reported earnings of 45 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"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
$21.5​, above​ its last closing price of $16.66. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.82        0.82       0.46      Missed  -44.2
 Dec. 31 2022  1.03        0.96       1.05      Beat    9.8
 Sep. 30 2021  0.21        0.20       0.24      Beat    22.3​
 Jun. 30 2021  0.39        0.37       0.45      Beat    22.3
 ​​Mar.        1.09        1.07       1.77      Beat    65.8
 31 2021                                                
 Dec. 31 2020  0.36        0.35       1.15      Beat    230.7​
 Sep. 30 2020  0.10        0.08       0.47      Beat    472.5
 Jun. 30 2020  0.08        0.08       -0.22     Missed  -368.6
 This summary was machine generated July 26 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated