Nelnet (NNI) Misses Q3 EPS by 11c, Revenues Miss

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Nelnet Reports Third Quarter 2018 Results

November 8, 2018 4:24 PM EST

LINCOLN, Neb., Nov. 8, 2018 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $42.9 million, or $1.05 per share, for the third quarter of 2018, compared with GAAP net income of $46.3 million, or $1.11 per share, for the same period a year ago.

Net income, excluding derivative market value and foreign currency transaction adjustments, was $46.9 million, or $1.14 per share, for the third quarter of 2018, compared with $41.5 million, or $1.00 per share, for the same period in 2017. For additional information on these non-GAAP metrics, including reconciliations to GAAP net income, see "Non-GAAP Performance Measures"... More