Nelnet (NNI) Misses Q4 EPS by 11c

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Go back to Nelnet (NNI) Misses Q4 EPS by 11c

Nelnet Reports Fourth Quarter 2019 Results

February 27, 2020 4:15 PM EST

LINCOLN, Neb., Feb. 27, 2020 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $42.4 million, or $1.06 per share, for the fourth quarter of 2019, compared with GAAP net income of $21.6 million, or $0.53 per share, for the same period a year ago.

Net income, excluding derivative market value adjustments1, was $44.6 million, or $1.12 per share, for the fourth quarter of 2019, compared with $58.8 million, or $1.44 per share, for the same period in 2018.

"We are pleased with our financial performance and operating results for the fourth quarter and year," said Jeff... More