Nelnet Inc. (NNI) released earnings for its first quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $82.86 million, or $2.26 per share. This compares with $73.41 million, or $1.98 per share, last year.
Excluding items, Nelnet Inc. reported adjusted earnings of $87.37 million or $2.39 per share for the period.
Analysts on average had expected the company to earn $1.92 per share. Analysts' estimates typically exclude special items.
Nelnet Inc. earnings at a glance (GAAP) :
-Earnings: $82.86 Mln. vs. $73.41 Mln. last year.
-EPS: $2.26 vs. $1.98 last year.
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