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

SLM

26/04/2023 23:26

* SLM Corp  SLM.OQ  reported quarterly adjusted earnings of
47
cents​​ per share for the quarter ended in March. The mean
expectation of thirteen analysts for the quarter was
for earnings of 35 cents per share.
    * Revenue rose 8% to $405.07 million from a year ago;
analysts
expected $375.43 million. 
    * SLM Corp's reported EPS for the quarter was 47 cents​.
    * The mean earnings estimate of analysts had fallen by
about 51.9%
in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates 
    * SLM Corp shares had risen by 16.3% this quarter and
lost 13.2%
so far this year.
    * The company reported quarterly net income of $114.46
million.
    * Wall Street's median 12-month price target for SLM Corp is
$18.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 26 at 10:26 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.35           0.47           Beat
 Dec. 31 2022      0.47           -0.33          Missed
 Sep. 30 2022      0.48           0.29           Missed
 Jun. 30 2022      1.30           1.29           Missed