SLM Q2 Sales $372.172M Beat $362.834M Estimate
Portfolio Pulse from Benzinga Newsdesk
SLM Corporation (NASDAQ: SLM) reported Q2 sales of $372.172 million, surpassing the analyst consensus estimate of $362.834 million by 2.57%. However, this represents a 3.74% decline compared to the same period last year.
July 24, 2024 | 8:34 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SLM Corporation reported Q2 sales of $372.172 million, beating the analyst consensus estimate by 2.57%. Despite this, sales decreased by 3.74% compared to the same period last year.
SLM's Q2 sales beat analyst estimates, which is a positive indicator and likely to boost investor confidence in the short term. However, the year-over-year decline in sales may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100