Nelnet (NNI) Misses Q4 EPS by 59c
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Nelnet Reports Fourth Quarter 2022 Results
February 28, 2023 4:15 PM ESTLINCOLN, Neb., Feb. 28, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $30.8 million, or $0.83 per share, for the fourth quarter of 2022, compared with GAAP net income of $132.7 million, or $3.46 per share, for the same period a year ago.
Net income, excluding derivative market value adjustments1, was $36.4 million, or $0.98 per share, for the fourth quarter of 2022, compared with $95.9 million, or $2.50 per share, for the same period in 2021.
"Our core businesses, including servicing, payments and education... More
