Nelnet: Q3 Earnings Miss, Revenue Slides
Mini conglomerate Nelnet ( NNI -8.31%) released disappointing third-quarter results on Thursday, Nov. 7. The company reported adjusted EPS of $0.34, falling well short of the analyst consensus estimate of $1.36. Revenue also missed expectations, coming in at $237.3 million compared to the anticipated $340.16 million.
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