SLM Raises FY24 EPS Guidance From $2.60 - $2.70 To $2.70 - $2.80, Est $2.77
Portfolio Pulse from Benzinga Newsdesk
SLM Corporation has raised its FY24 EPS guidance from the previous range of $2.60 - $2.70 to a new range of $2.70 - $2.80, with an estimated EPS of $2.77.
July 24, 2024 | 8:47 pm
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SLM Corporation has increased its FY24 EPS guidance, indicating a positive outlook for the company's earnings. The new guidance range is $2.70 - $2.80, up from the previous $2.60 - $2.70, with an estimated EPS of $2.77.
The increase in EPS guidance suggests that SLM Corporation expects better-than-anticipated financial performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100