Nelnet Inc logo

NNI

Nelnet Inc

$100.14

Earnings Summary

Revenue
$570.45Mn
Net Profits
$73.21Mn
Net Profit Margins
12.83%
PE Ratio
27.29

Highlights

Revenue:

Nelnet Inc’s revenue jumped 106.94% since last year same period to $570.45Mn in the Q1 2024. On a quarterly growth basis, Nelnet Inc has generated 13.9% jump in its revenue since last 3-months.

Net Profits:

Nelnet Inc’s net profit jumped 176.4% since last year same period to $73.21Mn in the Q1 2024. On a quarterly growth basis, Nelnet Inc has generated 974.04% jump in its net profits since last 3-months.

Net Profit Margins:

Nelnet Inc’s net profit margin jumped 33.57% since last year same period to 12.83% in the Q1 2024. On a quarterly growth basis, Nelnet Inc has generated 867.38% jump in its net profit margins since last 3-months.

PE Ratio:

Nelnet Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 27.29.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Nelnet Inc post its latest quarter earnings

EPS Estimate Current Quarter
1.23
EPS Estimate Current Year
1.23

Highlights

EPS Estimate Current Quarter:

Nelnet Inc’s earning per share (EPS) estimates for the current quarter stand at 1.23 - a -10.87% fall from last quarter’s estimates.

EPS Estimate Current Year:

Nelnet Inc’s earning per share (EPS) estimates for the current year stand at 1.23.

Key Ratios

Key ratios of the Nelnet Inc post its Q1 2024 earnings

Earning Per Share (EPS)
1.81
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.03
Dividend Per Share (DPS)
0.28

Highlights

Earning Per Share (EPS):

Nelnet Inc’s earning per share (EPS) jumped 154.93% since last year same period to 1.81 in the Q1 2024. This indicates that the Nelnet Inc has generated 154.93% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Nelnet Inc’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Nelnet Inc’s return on equity (ROE) stands at 0.03.

Dividend Per Share (DPS):

Nelnet Inc declared 0.28 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-09
1.38
1.81
31.16%