Nelnet: Q2 Earnings Insights

 

Nelnet NNI reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Nelnet missed estimated earnings by 12.73%, reporting an EPS of $1.44 versus an estimate of $1.65.

Revenue was up $42.15 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 0.31% drop in the share price the next day.

Here's a look at Nelnet's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.01 2.23 1.70 1.64
EPS Actual 1.99 2.50 1.23 2.20
Revenue Estimate 334.84M 336.25M 293.44M 280.10M
Revenue Actual 481.56M 394.49M 286.66M 303.09M

To track all earnings releases for Nelnet visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

NNI Logo
NNINelnet Inc
$113.36-%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
69.79
Growth
62.22
Quality
77.19
Value
Not Available
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Comments
Loading...