Form 8-K NELNET INC For: Feb 26
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Nelnet (NNI) Tops Q4 EPS by 12c
February 27, 2015 9:23 AM ESTNelnet (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
