SLM Q3 2024 Adj. EPS $(0.23) Misses $0.06 Estimate, Sales $359.403M Miss $379.674M Estimate
Portfolio Pulse from Benzinga Newsdesk
SLM reported a Q3 2024 adjusted EPS of $(0.23), significantly missing the analyst estimate of $0.06. Sales were $359.403 million, also missing the $379.674 million estimate and showing a decrease from last year's $384.628 million.
October 23, 2024 | 8:37 pm
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SLM's Q3 2024 earnings report shows a significant miss on both EPS and sales estimates, with EPS at $(0.23) against a $0.06 estimate and sales at $359.403M versus a $379.674M estimate.
SLM's significant miss on both EPS and sales estimates is likely to negatively impact its stock price in the short term. The EPS miss by 483.33% and sales miss by 100% compared to estimates indicate potential investor disappointment and a negative market reaction.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100