Sallie Mae Beat Consensus Estimates

Sallie Mae (SLM) reported earnings of $1.40 per share on revenue of $862.13 million for the first quarter ended March 2025. The consensus earnings estimate was $1.19 per share on revenue of $359.70 million. The company beat consensus estimates by 17.65% while revenue grew 2.91% on a year-over-year basis.

The company said it continues to expect 2025 earnings of $3.00 to $3.10 per share. The current consensus earnings estimate is $3.09 per share for the year ending December 31, 2025.

SLM Corp is engaged in saving, planning and paying for education company. It provides funding, delivery & servicing support for education loans in the United States through its private education loan programs.