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

SLM

27/04/2022 22:42

* SLM Corp  SLM.OQ  reported quarterly adjusted earnings of
46
cents​​ per share for the quarter ended in March. The mean
expectation of twelve analysts for the quarter was for earnings
of 82 cents per share.
    * Revenue rose 19.9% to $396.96 million from a year ago; 
analysts
expected $356.68 million. 
    * SLM Corp's reported EPS for the quarter was 45 cents​.
    * The mean earnings estimate of analysts had fallen by
about 32.6%
in the last three months.​ 
    * In the last 30 days six analysts negatively revised
earnings
estimates 
    * SLM Corp shares had fallen by 9.3% this quarter and
lost 15.3%
so far this year.
    * The company reported quarterly net income of $127.54
million.
    * Wall Street's median 12-month price target for SLM Corp is
$24.00 
    * 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 April 27 at 09:42 p.m.  ​All
figures in US dollars unless otherwise stated