Sallie Mae (SLM) Tops Q2 EPS by 10c; $400M Stock Buyback
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/31/2026
- Wall Street closes sharply lower as AI cash burn fears spark tech selloff
- Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across markets
- Bitcoin, cryptocurrency prices fall after Binance reports security issue
- Higher yields now hurting AI stock bull as bond markets police capex: BofA
- Oil jumps 2%, settles at 6-month highs on fears of escalation in Iran
Tweet
Share
E-mailGet Alerts SLM Hot Sheet
Price: $17.80 -2.47%
Financial Fact:
Salaries and benefits: 43.38M
Today's EPS Names:
OPY, BNCC, ZVOI, More
Financial Fact:
Salaries and benefits: 43.38M
Today's EPS Names:
OPY, BNCC, ZVOI, More
Join SI Premium – FREE
Sallie Mae (NASDAQ: SLM) reported Q2 EPS of $1.02, $0.10 better than the analyst estimate of $0.92.
The company also authorized a $400 million stock buyback
The company expects 2013 results to be as follows:
Full-year 2013 private education loan originations of at least $4 billion.
Fully diluted 2013 core earnings per share of $2.80 inclusive of the contributions from the $0.44 earnings per share of gains related to FFELP loan securitization trust residual sales and $0.08 earnings per share from the gain from the business sale that have occurred through June 30, 2013.
For earnings history and earnings-related data on Sallie Mae (SLM) click here.
The company also authorized a $400 million stock buyback
The company expects 2013 results to be as follows:
Full-year 2013 private education loan originations of at least $4 billion.
Fully diluted 2013 core earnings per share of $2.80 inclusive of the contributions from the $0.44 earnings per share of gains related to FFELP loan securitization trust residual sales and $0.08 earnings per share from the gain from the business sale that have occurred through June 30, 2013.
For earnings history and earnings-related data on Sallie Mae (SLM) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Evercose ISI downgrades Reddit, says monetization may not offset traffic weakness
- enVVeno Medical (NVNO) Misses Q3 EPS by 302c
- University Bancorp acquires remaining 20% of UIF for $15.2M
Create E-mail Alert Related Categories
Earnings, Guidance, Stock BuybacksRelated Entities
Stock Buyback, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
