Nelnet Full Year 2023 Earnings: Misses Expectations [Yahoo! Finance]
Nelnet, Inc. (NNI)
US:NYSE Investor Relations:
nelnet.com/investors
Company Research
Source: Yahoo! Finance
Net income: US$91.5m (down 78% from FY 2022). Profit margin: 7.7% (down from 27% in FY 2022). EPS: US$2.45 (down from US$10.83 in FY 2022). All figures shown in the chart above are for the trailing 12 month (TTM) period Nelnet Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 44%. Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Consumer Finance industry in the US. Performance of the American Consumer Finance industry. The company's shares are down 4.6% from a week ago. Risk Analysis It is worth noting though that we have found 3 warning signs for Nelnet (1 is potentially serious!) that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply
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NNI
News
- Nelnet to Announce First Quarter Results [Yahoo! Finance]Yahoo! Finance
- Nelnet to Announce First Quarter ResultsPR Newswire
- Nelnet, Inc. (NYSE: NNI) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Nelnet Renewable to discontinue residential solar operations and focus on commercial segment [Seeking Alpha]Seeking Alpha
- Nelnet Renewable Energy Sharpens Focus on Commercial Solar [Yahoo! Finance]Yahoo! Finance
NNI
Earnings
- 2/27/24 - Miss
NNI
Sec Filings
- 4/4/24 - Form ARS
- 4/4/24 - Form DEFA14A
- 4/4/24 - Form DEF
- NNI's page on the SEC website