Nelnet (NNI) Tops Q2 EPS by 33c

August 11, 2008 5:28 PM EDT

Nelnet (NYSE: NNI) reports Q2 EPS of $0.54 (ex-discontinued operations and restructuring charges), 33 cents better than the analyst estimate of $0.21.

"While the capital markets remain severely disrupted, the Department of Education's funding facilities will provide an important source of liquidity, allowing us to make loans to all eligible students for the 2008-2009 academic year," added Jeff Noordhoek, Nelnet President.

Nelnet, Inc. provides education planning and financing to students, families, and schools in the United States.


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