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

SLM

27/07/2022 22:03

* SLM Corp  SLM.OQ  reported quarterly adjusted earnings of
$1.29​​ per share for the quarter ended in June. The mean
expectation of twelve analysts for the quarter was for earnings
of $1.30 per share.
    * Revenue rose 7.1% to $362.81 million from a year ago;
analysts
expected $356.13 million. 
    * SLM Corp's reported EPS for the quarter was $1.29​.
    * The mean earnings estimate of analysts had risen by
about 165.7%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * SLM Corp shares had risen by 2.6% this quarter and
lost 16.9% so
far this year.
    * The company reported quarterly net income of $340.32
million.
    * Wall Street's median 12-month price target for SLM Corp is
$21.50 
    * 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." 

This summary was machine generated from Refinitiv data July 27
at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.30           1.29           Missed
 Mar. 31 2022      0.82           0.46           Missed
 Dec. 31 2021      0.96           1.05           Beat
 Sep. 30 2021      0.20           0.24           Beat