Sallie Mae (NASDAQ: SLM) reported Q1 EPS of $0.10, $0.02 better than the analyst estimate of $0.08. Revenue for the quarter came in at $165.64 million versus the consensus estimate of $161.23 million.

First-quarter 2015 results vs. first-quarter 2014 included:

• Private education loan originations of $1.7 billion, up 9 percent.
• Net interest income of $171 million, up 23 percent.
• Net interest margin of 5.60 percent, up 10 basis points.
• Average private education loans outstanding of $9.5 billion, up 27 percent.
• Average yield on the private education loan portfolio was 8.07 percent, down 7 basis points.
• Private education loan provision for loan losses was $16 million, down 58 percent.
• Loans in forbearance were 2.76 percent of private education loans in repayment and forbearance.
• Delinquencies as a percentage of private education loans in repayment were 1.65 percent.

Sallie Mae sees FY2015 EPS of $0.57-$0.59, versus the consensus of $0.52.

For earnings history and earnings-related data on Sallie Mae (SLM) click here.