Investing.com - SLM reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
SLM announced earnings per share of $0.45 on revenue of $391M. Analysts polled by Investing.com anticipated EPS of $0.3695 on revenue of $349.33M.
SLM shares are up 64% from the beginning of the year and are trading at $20.41 , down-from-52-week-high.They are outperforming the Nasdaq which is up 13.53% from the start of the year.
SLM follows other major Financial sector earnings this month
SLM's report follows an earnings beat by JPMorgan on Tuesday, July 13, 2021, who reported EPS of $3.78 on revenue of $31.4B, compared to forecasts EPS of $3.2 on revenue of $29.97B.
UnitedHealth had beat expectations on Thursday, July 15, 2021 with second quarter EPS of $4.7 on revenue of $71.32B, compared to forecast for EPS of $4.43 on revenue of $69.51B.
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