Sallie Mae (SLM) Misses Q4 EPS by 2c, Offers Guidance

Sallie Mae (NASDAQ: SLM) reported Q4 EPS of $0.03, $0.02 worse than the analyst estimate of $0.05.

Sallie Mae sees FY2015 EPS of $0.48-$0.50, may not compare to the consensus of $0.62.

It also expects:

• Full-year private education loan originations of $4.3 billion.
• Full-year operating expenses of $325 million, plus an additional $5 million of reorganization expenses.
• Full-year loan sales of $1.5 billion.
• Provision for private education loan losses between approximately $116 million and $130 million.
  

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

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