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

SLM

26/10/2022 22:01

* SLM Corp  SLM.OQ  reported quarterly adjusted earnings of
29
cents​​ per share for the quarter ended in September. The mean
expectation of thirteen analysts for the quarter was
for earnings of 48 cents per share.
    * Revenue rose 3.4% to $369.51 million from a year ago;
analysts
expected $351.33 million. 
    * SLM Corp's reported EPS for the quarter was 29 cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.7%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * SLM Corp shares had risen by 17.2% this quarter and
lost 16.6%
so far this year.
    * The company reported quarterly net income of $72.64
million.
    * Wall Street's median 12-month price target for SLM Corp is
$19.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
26 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.96           1.05           Beat