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SLM Corp reports results for the quarter ended June 30 - Earnings Summary

SLM Corp SLM.OQ reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.11.  The mean expectation of eleven analysts for the quarter was for earnings of 49 cents per share. Wall Street expected results to range from 40 cents to 59 cents per share.

Revenue rose 1.2% to $376.82 million from a year ago; analysts expected $377.67 million.

SLM Corp's reported EPS for the quarter was 32 cents​.

The company reported quarterly net income of $67.3 million.

SLM Corp shares had risen by 0.7% this quarter and gained 19.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 8.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is also "buy"

Wall Street's median 12-month price target for SLM Corp is $38.00, about 13.1% above its last closing price of $33.02

This summary was machine generated from LSEG data July 24 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.490.32Missed
Mar. 31 20251.191.40Beat
Dec. 31 20240.550.50Missed
Sep. 30 20240.06-0.23Missed

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