Sallie Mae (SLM) Misses Q2 Earnings Estimates

Sallie Mae (SLM) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $1.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -34.69%. A quarter ago, it was expected that this student loan company would post earnings of $1.19 per share when it actually produced earnings of $1.4, delivering a surprise of +17.65%.Over the last four quarters, the ...