Nelnet (NYSE:NNI) reported its Q3 earnings results on Monday, November 8, 2021 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Nelnet their estimated earnings by 27.65%, reporting an EPS of $1.23 versus an estimate of $1.7, which surprised analysts.
Revenue was up $19,111,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.56, which was followed by a 1.97% increase in the share price the next day.
Here’s a look at Nelnet’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.64 | 1.79 | 5.78 | 1.79 |
| EPS Actual | 2.20 | 2.44 | 6.10 | 1.86 |
| Revenue Estimate | 280.10M | 299.18M | 506.52M | 302.38M |
| Revenue Actual | 303.09M | 340.44M | 529.77M | 305.77M |
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