Nelnet reports Q1 adjusted EPS $1.81 vs.$1.47 last year

“We are extremely pleased with the results of the first quarter,” said Jeff Noordhoek, CEO. “Our core businesses performed well in an uncertain environment. We continue to look for market opportunities to capitalize on our strong liquidity position, including investing in our current businesses, loan acquisitions, strategic acquisitions and investments, and capital management initiatives. Year to date, we have repurchased almost 818,000 shares of our common stock at a price we believe is extremely attractive.”