Nelnet Q4 2023 Adj EPS $(0.04) May Not Compare To $1.03 Estimate
Portfolio Pulse from Benzinga Newsdesk
Nelnet (NYSE:NNI) reported a Q4 2023 adjusted EPS of $(0.04), missing the analyst consensus estimate of $1.03 by 103.88%.
February 27, 2024 | 9:23 pm
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NEGATIVE IMPACT
Nelnet reported a significant miss in Q4 2023 earnings with an adjusted EPS of $(0.04), far below the analyst consensus estimate of $1.03.
The significant miss in earnings per share (EPS) compared to analyst expectations suggests potential underlying issues or challenges within the company. This unexpected result could lead to a decrease in investor confidence and a potential short-term negative impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100