SLM Corp expected to post earnings of 37  cents a share - Earnings Preview

SLM

19/07/2021 21:49

* SLM Corp  SLM.OQ   SLM.O  is expected to show a fall in
quarterly revenue when it reports results on July 21 .
* The Newark Delaware, Delaware-based company is expected to
report   a 3.8% decrease in revenue to $335.496 million from
$348.78 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 37 cents per share. For the same quarter last year,
the company reported a loss of 22 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​, about 13.3% above​ its last closing price of $19.95. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  0.08        0.08       -0.22     Missed  -368.6
 Mar.          0.77​       0.83       0.79      Missed  -5.1​
 31​ 2020​                                              
 Dec. 31 2019  0.29        0.30       0.33      Beat    11​
 Sep. 30 2019  0.25        0.25       0.29      Beat    14.7
 Jun. 30 2019  0.30        0.30       0.31      Beat    4
 This summary was machine generated July 19 at 20:49 GMT.  All
figures in US dollars unless otherwise stated