Earnings Summary

Nelnet Inc’s revenue fell -22.5% since last year same period to $248.53Mn in the Q2 2023. On a quarterly growth basis, Nelnet Inc has generated -16.43% fall in its revenue since last 3-months.

Nelnet Inc’s net profit fell -66.8% since last year same period to $28.27Mn in the Q2 2023. On a quarterly growth basis, Nelnet Inc has generated 6.72% jump in its net profits since last 3-months.

Nelnet Inc’s net profit margin fell -57.16% since last year same period to 11.37% in the Q2 2023. On a quarterly growth basis, Nelnet Inc has generated 27.7% jump in its net profit margins since last 3-months.

Nelnet Inc’s earning per share (EPS) estimates for the current quarter stand at 1.56 - a -10.86% fall from last quarter’s estimates.

Nelnet Inc’s earning per share (EPS) estimates for the current year stand at 1.56.

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.

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 0.05.

Nelnet Inc declared 0.26 dividend per share during the earnings announcement for Q1 2023.