Jul. 25 at 4:02 PM
$SLM misses earnings expectations — what's dragging it down? ⚠️
Sallie Mae reported Q2 EPS of 32 cents, missing the Zacks Consensus Estimate of 49 cents, with earnings declining from last year's
$1.11 due to higher provisions for credit losses, a fall in non-interest income, and rising expenses 📉. However, net interest income saw a slight increase.
Understand the risks before investing in SLM 👉 https://www.zacks.com/stock/news/2618176/sallie-mae-q2-earnings-miss-estimates-expenses-provisions-rise-yy?cid=sm-stocktwits-2-2618176-body-3974&ADID=SYND_STOCKTWITS_TWEET_2_2618176_BODY_3974