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SLM Corp. misses Wall Street estimates with $32.3 million third-quarter loss

Associated Press +3 ·

SLM
SLM SLM Corp
$19.42 -10.78%
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  1. 1SLM Corp. recorded a loss of $32.3 million in the third quarter.
  2. 2SLM Corp.'s third-quarter loss of 19 cents per share fell short of Wall Street estimates.
  3. 3SLM Corp. reported revenue of $616.5 million for the period.

So what's the key point?

SLM Corp. reported a loss of $32.3 million in the third quarter. The loss was larger than what experts had expected, which is unfavorable news for investors.

Source Associated Press +3 · View original ↗

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