Nelnet's Return On Capital Employed Overview
Portfolio Pulse from Benzinga Insights
Nelnet (NYSE:NNI) reported Q1 earnings of $23.02 million, a 17.75% increase from Q4, with sales dropping 1.5% to $331.67 million. The company posted a return on capital employed (ROCE) of 0.01%, indicating effective capital allocation. However, Q1 earnings per share of $1.47 did not meet analyst predictions of $1.53.
May 22, 2023 | 2:54 pm
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Nelnet's Q1 earnings increased 17.75% to $23.02 million, but sales dropped 1.5% to $331.67 million. The company posted a 0.01% ROCE, indicating effective capital allocation, but missed analyst EPS predictions.
Nelnet's Q1 earnings show an increase in profits and a positive ROCE, indicating effective capital allocation. However, the company missed analyst EPS predictions, which may cause uncertainty among investors. The mixed results make it difficult to predict the short-term impact on the stock price, resulting in a neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100