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SLM (SLM)
NASDAQ:SLM
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Earnings Data
Report Date
Jan 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.12Last Year’s EPS
1.27Same Quarter Last Year
Strong Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 22, 2018
|% Change Since: -2.05%
|Next Earnings Date:Jul 24, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected a strong performance in loan originations and credit quality improvements, along with a continued reduction in shares outstanding. However, there were challenges with EPS not meeting guidance, a decline in net interest margin, and a slight increase in loan delinquencies. The company remains optimistic about future growth and its capital return strategy.Company Guidance
During the Sallie Mae Q4 2024 earnings call, the company provided guidance for 2025, projecting full-year private education loan origination growth of 6% to 8%. In terms of credit performance, the company expects total loan portfolio net charge-offs to be between 2.0% and 2.2% of average loans in repayment. Noninterest expenses for the year are anticipated to range from $655 million to $675 million. Additionally, Sallie Mae forecasts GAAP diluted earnings per common share to be between $3 and $3.10. The guidance reflects confidence in continuing strong performance, capital management, and strategic balance sheet growth, while also acknowledging potential impacts from external factors such as changes in the PLUS loan program.Strong Loan Originations and Growth
Private education loan originations for Q4 2024 were $982 million, with a full-year total of $7 billion, a 10% increase over 2023, exceeding revised guidance of 8-9%.
Improved Credit Quality
Cosigner rates increased from 87% in 2023 to 90% in 2024, and the average FICO score at approval rose from 748 to 752.
Capital Return Strategy
Repurchased 2 million shares in Q4 at an average price of $23.05, reducing outstanding shares by 52% since January 1, 2020.
Preliminary Agreement on Loan Sale
Reached a preliminary agreement for the sale of approximately $2 billion of private education loans, expected to close in early February 2025.
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SLM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SLM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 23, 2025 | $29.30 | $29.01 | -0.99% |
| Oct 23, 2024 | $22.69 | $22.10 | -2.60% |
| Jul 24, 2024 | $23.40 | $22.77 | -2.69% |
| Apr 24, 2024 | $21.76 | $21.60 | -0.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does SLM (SLM) report earnings?
SLM (SLM) is schdueled to report earning on Jan 23, 2025, TBA Not Confirmed.
What is SLM (SLM) earnings time?
SLM (SLM) earnings time is at Jan 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SLM EPS forecast?
SLM EPS forecast for the fiscal quarter 2025 (Q1) is 1.12.
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