Sallie Mae Q4 Earnings & Revenues Miss Estimates, Expenses Rise
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Sallie Mae's Q4 2024 earnings and revenues fell short of estimates due to rising expenses, despite an increase in net interest income (NII) and strong loan originations.
January 24, 2025 | 12:45 pm
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Sallie Mae's Q4 2024 earnings and revenues missed estimates due to increased expenses, despite higher net interest income and strong loan originations.
The earnings miss is likely to negatively impact SLM's stock price in the short term as investors react to the higher expenses overshadowing the positive aspects of increased NII and originations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100