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via finance.yahoo.comMarkets

Sallie Mae: third-quarter loss and revenue below Street expectations

FROM THE WIRE · FINANCE.YAHOO.COM

NEWARK, Del. (AP) — NEWARK, Del. (AP) — SLM Corp. (SLM) on Thursday reported a loss of $32.3 million in its third quarter. The Newark, Delaware-based company said it had a loss of 19 cents per share. The results fell short of Wall Street expectations. The average estimate of…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA quarterly loss and missed estimates weigh on the student lender's shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01SLM reported a loss of 32.3 million dollars, or 19 cents per share.
  2. 02The consensus of five analysts was for earnings of 12 cents per share.
  3. 03The company expects full-year earnings of 1.95 to 2.05 dollars per share.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
SLM CorporationSLMStock21.76 USDMarket closedtoday -4.69%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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