SLM Corp. Q4 Earnings Climb 468%

(RTTNews) - SLM Corp. (SLM) released a profit for its fourth quarter that advanced from last year.

The company said its bottom line came in at $84.63 million, or $0.20 per share. This was higher than $14.90 million, or $0.03 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.18 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

SLM Corp. earnings at a glance:

-Earnings (Q4): $84.63 Mln. vs. $14.90 Mln. last year. -Earnings Growth (Y-o-Y): 468.0% -EPS (Q4): $0.20 vs. $0.03 last year. -EPS Growth (Y-o-Y): 566.7% -Analysts Estimate: $0.18

-Guidance: Full year EPS guidance: $0.49 - $0.51