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Tuesday, August 16, 2011

All Education Matters: Sallie Mae Projected To Outperform

All Education Matters: Sallie Mae Projected To Outperform

Sallie Mae Projected To Outperform

Woohoo! Zack's Investment Research has given Sallie Mae a thumbs up!

They state:


SLM Corp., commonly known as Sallie Mae, reported second quarter core earnings of $260 million or 48 cents per share, beating the Zacks Consensus Estimate of 42 cents. The results also compared favorably with the prior-year core earnings of $211 million or 39 cents per share.

Favorable results at Sallie Mae were primarily driven by an increase in student loan originations