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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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