Sallie Mae (SLM) Reports In-Line Q4 EPS, Offers FY18 EPS Guidance Below Consensus

Sallie Mae (NASDAQ: SLM) reported Q4 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $309.18 million versus the consensus estimate of $297.77 million.

Fourth-Quarter GAAP Net Income Attributable to Common Stock of $44 Million ($0.10 Per Diluted Share); Full-Year GAAP Net Income Attributable to Common Stock of $273 Million ($0.62 Per Diluted Share)

Fourth-Quarter Core Earnings Attributable to Common Stock, Excluding the Impact of the Tax Act, of $83 Million ($0.19 Per Diluted Share, an Increase of 22 Percent Compared to Year-Ago Period); Full-Year Core Earnings Attributable to Common Stock, Excluding the Impact of the Tax Act, of $317 Million ($0.72 Per Diluted Share, an Increase of 35 Percent Compared to Year-Ago Period)

GUIDANCE:

Sallie Mae sees FY2018 EPS of $0.97-$1.01, versus the consensus of $1.04.

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

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