NASDAQ$SLM

SLM Corp · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

SLM Q3 2024 — $255.0M revenue, 25.00 EPS

In the opinion of management, all adjustments considered necessary for a fair statement of the results for the interim periods have been included. SLM Corp reported Q3 2024 results. Diluted EPS came in at $25.00. Net income of $483.0M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $255.0M.
  • Diluted EPS: $25.00.
  • Net income: $483.0M.

Headline financials

Total Revenue

$796M

Previous: $409M+94.6%
EPS (adj)

-$0.23

Previous: $0.11-309.1%
Capital Expenditures

$0.00

Previous: $0.00
Net Income

$247M

Previous: $29.4M+742.4%
Stock-Based Comp

$23.4M

Previous: $8.47M+175.8%

Revenue & EPS history

SLM · Revenue · Quarterly

$796M

Q3 2024+94.6%vs Q3 2023
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+0.0%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+2.9%

Avg return

30 days after

46%

33 / 72 earnings

Positive

+33.2%

Q4 2019

Best reaction

-16.6%

Q2 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.8%-1.8%-5.5%
Q4 2025+3.3%-1.2%-15.4%
Q3 2025+3.6%+0.9%+4.3%
Q2 2025-8.1%-7.1%-14.7%
Q1 2025-1.4%+2.7%+19.3%
Q3 2024-3.6%-3.0%+17.8%
Q2 2024-2.1%-4.0%-7.9%
Q1 2024+0.0%-1.4%-4.3%
Q4 2023+3.5%+5.1%+2.5%
Q3 2023+1.2%+1.2%+10.6%
Q2 2023-4.5%-1.8%-13.2%
Q1 2023+6.0%+3.5%+11.1%
Q4 2022-15.8%-12.5%-18.9%
Q3 2022-1.8%+1.2%+4.2%
Q2 2022-5.1%-3.1%-9.2%
Q1 2022+1.4%+1.6%+17.0%
Q4 2021+2.0%+6.8%+16.4%
Q3 2021+4.4%+6.5%+4.7%
Q2 2021-4.2%-6.3%-8.3%
Q1 2021-0.6%+1.5%+4.5%
Q4 2020+6.7%+5.5%+20.9%
Q3 2020-0.8%+0.2%+14.0%
Q2 2020-1.8%-2.0%+1.4%
Q1 2020+6.2%+10.4%+8.1%
Q4 2019+33.2%+27.0%+36.5%
Q3 2019-7.6%-5.4%-3.4%
Q2 2019-4.3%-4.1%-14.4%
Q1 2019-3.1%-3.8%-1.5%
Q4 2018+14.4%+15.8%+21.1%
Q3 2018-2.6%-6.0%-4.4%
Q2 2018-5.0%-2.5%-2.5%
Q1 2018+2.3%+0.6%+0.0%
Q4 2017-2.1%-3.9%-1.7%
Q3 2017+1.7%-2.9%-8.2%
Q2 2017-4.3%-3.4%-9.9%
Q1 2017+10.5%+11.0%-4.9%
Q4 2016+3.6%+3.6%+11.6%
Q3 2016-1.8%-0.8%+30.8%
Q2 2016-1.4%-0.6%+3.4%
Q1 2016+2.2%
Q4 2015+11.9%
Q3 2015-1.4%
Q2 2015-5.6%
Q1 2015+4.1%
Q4 2014-6.0%
Q3 2014+1.9%
Q2 2014+3.3%
Q1 2014+4.3%
Q4 2013-10.1%
Q3 2013+2.1%
Q2 2013+4.4%
Q1 2013-5.1%
Q4 2012-3.1%
Q3 2012-1.1%
Q4 2011+1.8%
Q2 2012-6.1%
Q1 2012+0.2%
Q3 2011+0.6%
Q2 2011-16.6%
Q1 2011-2.2%
Q4 2009-4.1%
Q4 2010-4.1%
Q4 2008-4.1%
Q3 2010-2.6%
Q2 2010+3.6%
Q1 2009-5.5%
Q1 2010-0.2%
Q4 2007-1.3%
Q3 2009+3.7%
Q3 2008+3.7%
Q2 2008+4.8%
Q2 2009+4.8%

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