SLM Corp. Reveals 42% Rise In Q3 Earnings

(RTTNews) - SLM Corp. (SLM) reported earnings for its third quarter that rose from last year.

The company said its bottom line came in at $72.43 million, or $0.17 per share. This was up from $51.14 million, or $0.12 per share, in last year's third quarter.

Analysts had expected the company to earn $0.17 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

SLM Corp. earnings at a glance:

-Earnings (Q3): $72.43 Mln. vs. $51.14 Mln. last year. -Earnings Growth (Y-o-Y): 41.6% -EPS (Q3): $0.17 vs. $0.12 last year. -EPS Growth (Y-o-Y): 41.7% -Analysts Estimate: $0.17

-Guidance: Full year EPS guidance: $0.72