SLM Ready for its Quarterly Earnings Release

Published on Tuesday, 17 January 2012 13:32 Written by Danny Miller

New York, January 17th (TradersHuddle.com) - Shares of SLM Corporation (NYSE:SLM) are trading higher by +1.25% ahead of its quarterly earnings release. SLM, the student loan Company also known as Sallie Mae is expected to release its quarterly results on January 18^th.

Wall Street Analysts consensus calls for a profit of $0.49 a share on $706 million revenue.

SLM estimates have a range of $0.03 a share. The high estimate calls for profit of $0.51 a share and the low estimate is calling for a profit of $0.48 a share, a year ago for the quarter the company reported $0.75 a share.

SLM Corporation (NYSE:SLM), commonly known as Sallie Mae, provides education funding, originating and servicing of U.S. government guaranteed and private student loans. The Company, through its subsidiaries, also provides debt management services to colleges, universities and loan guarantors.