Nelnet (NNI) Reports Q3 EPS of $0.94

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. CVS
9. SPY
10. XYZ

Go back to Nelnet (NNI) Reports Q3 EPS of $0.94

Nelnet Reports Third Quarter 2019 Results

November 7, 2019 4:15 PM EST

LINCOLN, Neb., Nov. 7, 2019 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $33.2 million, or $0.83 per share, for the third quarter of 2019, compared with GAAP net income of $42.9 million, or $1.05 per share, for the same period a year ago.

Net income, excluding derivative market value adjustments1, was $37.5 million, or $0.94 per share, for the third quarter of 2019, compared with $46.9 million, or $1.14 per share, for the same period in 2018.

The decrease in net income for the three months ended September 30, 2019, as compared with the same period in 2018, was primarily due... More