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SLM - Sallie Mae EPS beats by $0.72 misses on net interest income
SLM Corporation
Sallie Mae (SLM): Q1 Non-GAAP EPS of $1.77 beats by $0.72; GAAP EPS of $1.75 beats by $0.73.Net interest income of $331M (-17.3% Y/Y) misses by $1.83M.Completed $3.16B in Private Education Loan sales during the quarter resulting in a $399M gain.Repurchased 49M shares of common stock in the first quarter of 2021Shares +2.41%.Press Release