Nelnet (NNI) Reports In-Line Q4 EPS

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Go back to Nelnet (NNI) Reports In-Line Q4 EPS

Nelnet Reports Fourth Quarter 2015 Results

February 25, 2016 4:17 PM EST

LINCOLN, Neb., Feb. 25, 2016 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $83.4 million, or $1.86 per share, for the fourth quarter of 2015, compared with GAAP net income of $73.6 million, or $1.59 per share, for the same period a year ago.

Excluding derivative market value and foreign currency adjustments, net income was $59.0 million, or $1.31 per share, for the fourth quarter of 2015, compared with $74.3 million, or $1.60 per share, for the same period in 2014.  The company reported income from derivative market value and foreign currency adjustments of $24.4 million after tax, or $0.55... More