Earnings Outlook For Nelnet
Portfolio Pulse from Benzinga Insights
Nelnet (NYSE:NNI) is scheduled to release its quarterly earnings report on February 27, 2024, with analysts expecting an EPS of $1.03. Despite past earnings misses, the focus will be on the company's guidance for future growth. Nelnet's stock performance has been negative over the last year, with a 4.71% decline, indicating bearish sentiment among long-term shareholders.
February 26, 2024 | 2:02 pm
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Nelnet is expected to report an EPS of $1.03 for the quarter. Past performance shows mixed reactions to earnings reports, with a focus on future guidance. The stock has seen a 4.71% decline over the past year.
The expected EPS of $1.03 sets a clear benchmark for Nelnet's performance. Historical data shows that the company's stock price can react variably to earnings reports, but the overall negative trend (-4.71% over the past year) suggests that investor sentiment is bearish. The emphasis on future guidance indicates that any positive outlook provided could potentially counteract the negative trend, although this is speculative.
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IMPORTANCE 90
RELEVANCE 100