On Wednesday 23rd October 2024, SLM Corporation (NASDAQ: SLM) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.
As per the projections made by financial experts on Wall Street, the establishment is expected to announce an estimated $0.06 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $379.67 million.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $1.66 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $2.83 over the course of the fiscal year.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.11. Moreover, the company generated a total revenue of $384.63 million during that specific quarter.
The business has scheduled a conference call on 23rd October 2024 at 05:30 PM eastern time to discuss Q3 financial results.
During Monday's trading, SLM Corporation (SLM) shares reached a low of $22.69 and a high of $23.25, along with a total volume of 1.51 million shares. The stock ended the regular trading session at $22.95, indicating fall of 1.12 percent.
