Nelnet First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]
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Nelnet, Inc. (NNI)
US:NYSE Investor Relations:
nelnet.com/investors
Company Research
Source: Yahoo! Finance
Net income: US$73.2m (up 176% from 1Q 2023). Profit margin: 20% (up from 9.0% in 1Q 2023). The increase in margin was driven by higher revenue. EPS: US$1.97 (up from US$0.71 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Nelnet Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) also surpassed analyst estimates by 44%. Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Consumer Finance industry in the US. Performance of the American Consumer Finance industry. The company's shares are up 13% from a week ago. Risk Analysis You should learn about the 2 warning signs we've spotted with Nelnet (including 1 which is significant) Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This articl
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News
- Democratic staffer goes viral for boasting about Biden canceling his student debt: 'Why elections matter' [FOX News]FOX News
- Infovisa Selects QUODD's QX Digital Platform as Primary Market Data Solution [Yahoo! Finance]Yahoo! Finance
- Only Four Days Left To Cash In On Nelnet's (NYSE:NNI) Dividend [Yahoo! Finance]Yahoo! Finance
- Nelnet, Inc. (NYSE: NNI) had its price target raised by analysts at TD Cowen from $90.00 to $96.00. They now have a "hold" rating on the stock.MarketBeat
- Nelnet, Inc. (NYSE: NNI) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
NNI
Earnings
- 5/9/24 - Beat
NNI
Sec Filings
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- NNI's page on the SEC website