On Wednesday, SLM SLM will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Based on SLM management projections, analysts predict EPS of 19 cents per share on revenue of $297 million.
The current analyst consensus estimate would represent a 26.67 percent increase in the company's earnings. Sales would be have grown 21.24 percent from the same quarter last year.
SLM's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 0.17 | 0.16 | 0.15 | 0.14 |
EPS Actual | 0.17 | 0.16 | 0.21 | 0.15 |
Q4 EPS Estimate: 19 cents per share
Q4 Revenues Estimate: $297 million
Stock Performance
Shares of SLM were trading at $11.71 as of Jan. 17. Over the last 52-week period, shares are up 4.73 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The average rating by analysts on SLM stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.