SLM Corp <SLM.OQ> expected to post earnings of 6 cents a share - Earnings Preview
SLM Corp SLM.OQ SLM.O is expected to show a fall in quarterly revenue when it reports results on October 23 for the period ending September 30 2024
The Newark Delaware Delaware-based company is expected to report a 1.3% decrease in revenue to $379.674 million from $384.63 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data. (SAL represents NII)
LSEG's mean analyst estimate for SLM Corp is for earnings of 6 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for SLM Corp is 26.50, above its last closing price of $23.21.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 1 0001 | 0.91 | 0.84 | 1.11 | Beat | 32.1 |
Jan. 1 0001 | 1.08 | 1.07 | 1.27 | Beat | 18.3 |
Dec. 31 2023 | 0.89 | 0.89 | 0.91 | Beat | 2.4 |
Jan. 1 0001 | 0.27 | 0.31 | 0.11 | Missed | -64.6 |
Jun. 30 2023 | 1.16 | 1.16 | 1.10 | Missed | -5.3 |
Mar. 31 2023 | 0.32 | 0.35 | 0.47 | Beat | 32.6 |
Dec. 31 2022 | 0.46 | 0.47 | -0.33 | Missed | -170.8 |
Jan. 1 0001 | 0.46 | 0.48 | 0.29 | Missed | -39.7 |
This summary was machine generated October 21 at 22:30 GMT. 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)
</body></html>Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
