Form 8-K NELNET INC For: Feb 26

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Go back to Form 8-K NELNET INC For: Feb 26

Nelnet (NNI) Tops Q4 EPS by 12c

February 27, 2015 9:23 AM EST

Nelnet (NYSE: NNI) reported Q4 EPS of $1.60, $0.12 better than the analyst estimate of $1.48.

Student Loan and Guaranty Servicing

Under the company's servicing contract with the U.S. Department of Education (Department), the volume of student loans serviced and the number of borrowers serviced increased 21 percent and 11 percent, respectively, as of December 31, 2014, when compared with the end of 2013. The company was servicing $133.6 billion of loans for 5.9 million borrowers on behalf of the Department as of December 31, 2014, compared with $110.5 billion of... More