SLM Corp expected to post earnings of 20 cents a share - Earnings Preview

SLM

18/10/2021 21:02

* SLM Corp  SLM.OQ   SLM.O  is expected to show a fall in
quarterly revenue when it reports results on October 20. 
* The Newark Delaware, Delaware-based company is expected to
report  a 5.7% decrease in revenue to $343.66 million from
$364.57 million a year ago, according to the mean estimate from
8 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for SLM Corp is for
earnings of 20 cents per share. For the same quarter last year,
the company reported earnings of 47 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"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
$23.5​, about 25.9% above​ its last closing price of $17.42. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.39        0.37       0.45      Beat    22.3
 Mar. 31 2021  1.09        1.07       1.77      Beat    65.8
 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.          0.08​       0.08       -0.22     Missed  -368.6
 30​ 2020​                                              ​
 Mar. 31 2020  0.77        0.83       0.79      Missed  -5.1​
 Dec. 31 2019  0.29        0.30       0.33      Beat    11
 Sep. 30 2019  0.25        0.25       0.29      Beat    14.7
 This summary was machine generated October 18 at 20:02 GMT.  All
figures in US dollars unless otherwise stated