Benzinga | Nov 9, 2021 11:14AM EST

Nelnet Q3 EPS $1.23 Misses $1.70 Estimate, Sales $286.66M Miss $293.44M Estimate

Nelnet (NYSE:NNI) reported quarterly earnings of $1.23 per share which missed the analyst consensus estimate of $1.70 by 27.65 percent. This is a 31.28 percent decrease over earnings of $1.79 per share from the same period last year. The company reported quarterly sales of $286.66 million which missed the analyst consensus estimate of $293.44 million by 2.31 percent. This is a 6.25 percent decrease over sales of $305.77 million the same period last year.