Nelnet (NNI) Misses Q1 EPS by 6c
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Nelnet Reports First Quarter 2019 Results
May 8, 2019 4:15 PM EDTLINCOLN, Neb., May 8, 2019 /PRNewswire/ --Â Nelnet (NYSE: NNI) today reported GAAP net income of $41.6 million, or $1.03 per share, for the first quarter of 2019, compared with GAAP net income of $113.9 million, or $2.78 per share, for the same period a year ago.
The decrease in GAAP net income for the three months ended March 31, 2019, compared with the same period in 2018, was due primarily to the recognition of a net loss in 2019, compared with a net gain in 2018, related to changes in the fair values of derivative instruments that do not... More
