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Nelnet Q3 2024 Earnings Results & Report

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$127.00 +1.19 (+0.94%)
Closing price 03:59 PM Eastern
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$126.94 -0.07 (-0.06%)
As of 07:30 PM Eastern
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Nelnet missed analyst earnings expectations in its Q3 2024 results, released November 7, 2024. The company reported EPS of $0.34 versus the $1.36 consensus estimate, while revenue was $477.80 million.

Earnings Announcement Details

Quarter
Q3 2024
Report Date
Time
After Market Closes
Conference Call
4:00 PM ET

Nelnet EPS Results

Actual EPS
$0.34
Consensus EPS
$1.36
Beat/Miss
Missed by -$1.02
One Year Ago EPS
$1.15
EPS Beat Rate
4 of last 8 quarters

Nelnet Revenue Results

Actual Revenue
$477.80 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Upcoming Earnings

Nelnet's Q3 2026 earnings is estimated for Thursday, November 5, 2026, based on past reporting schedules, with a conference call scheduled at 4:00 PM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Nelnet Q3 2024 Earnings FAQ

Nelnet (NYSE:NNI) reported earnings of $0.34 per share for Q3 2024, missing the consensus estimate of $1.36. The report was announced on Thursday, November 7, 2024.

Nelnet reported revenue of $477.80 million for Q3 2024.

Nelnet's next earnings date is estimated for Thursday, November 5, 2026. MarketBeat tracks confirmed and estimated earnings dates for Nelnet on the company's earnings history page.

Nelnet Earnings Headlines

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About Nelnet

Nelnet (NYSE:NNI) is an education-focused technology and financial services company headquartered in Lincoln, Nebraska. The company provides products and services that support students, families, schools, lenders and education-related organizations, with operations spanning student loan servicing, education payments, education technology and financial services.

Nelnet’s education services business provides servicing and technology for federal and private student loans, including account management, repayment support and borrower communications. Through Nelnet Campus Commerce and related offerings, the company also helps colleges and universities manage tuition payments, payment plans, student accounts and other administrative processes. Nelnet Bank provides education-related lending and deposit products, including private student loans.

The company traces its origins to 1978 and has expanded through acquisitions and the development of technology-based education services. In 2018, Nelnet acquired Great Lakes Educational Loan Services, strengthening its position in student loan servicing. Nelnet serves customers primarily in the United States, and its businesses also provide technology and payment solutions to education institutions and organizations. Jeff Noordhoek serves as Nelnet’s chief executive officer.

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