SLM Corp reports results for the quarter ended in December - Earnings Summary

SLM

01/02/2023 22:40

* SLM Corp  SLM.OQ  reported a quarterly adjusted loss of 33
cents​​ per share for the quarter ended in December. The mean
expectation of thirteen analysts for the quarter was
for earnings of 47 cents per share.
    * Revenue rose 3.8% to $381.43 million from a year ago;
analysts
expected $362.59 million. 
    * SLM Corp's reported EPS for the quarter was a loss of 33
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * SLM Corp shares had risen by 5.8% this quarter.
    * The company reported a quarterly loss of $80.51 million.
    * Wall Street's median 12-month price target for SLM Corp is
$19.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
1 at 10:40 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.47           -0.33          Missed
 Sep. 30 2022      0.48           0.29           Missed
 Jun. 30 2022      1.30           1.29           Missed
 Mar. 31 2022      0.82           0.46           Missed