SLM (SLM) Tops Q4 EPS by 2c

SLM (NASDAQ: SLM) reported Q4 EPS of $0.32, $0.02 better than the analyst estimate of $0.30.

• Fourth-Quarter GAAP Net Income Attributable to Common Stock of $137 Million, $0.32 Per Diluted Share; Full-Year 2019 GAAP Net Income Attributable to Common Stock of $561 Million, $1.30 Per Diluted Share Which is an Increase of 21% Compared to Year-Ago Period
• Fourth-Quarter “Core Earnings” Net Income Attributable to Common Stock of $142 Million, $0.33 Per Diluted Share; Full-Year 2019 “Core Earnings” Net Income Attributable to Common Stock of $547 Million, $1.27 Per Diluted Share Which is an Increase of 19% Compared to Year-Ago Period
• Private Education Loan Portfolio Totals $22.9 Billion, Up 13% From Year-Ago Quarter
• Company Plans $3 Billion of Private Education Loan Sales to Fund Expected $600 Million in Share Repurchases in 2020

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

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