* Nelnet Inc reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.15. The lone analyst forecast for the quarter was for earnings of $1.36 per share.

* Revenue rose 42.5% to $469.44 million from a year ago; analysts expected $340.16 million.

* Nelnet Inc's reported EPS for the quarter was 7 cents​.

* The company reported quarterly net income of $2.39 million.

* Nelnet Inc shares had risen by 8.3% this quarter and gained 39.1% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 7.5% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the consumer lending peer group is also "hold"

Wall Street's median 12-month price target for Nelnet Inc is 110.00 This summary was machine generated from LSEG data November 8 at 04:28 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 1.36 0.34 Missed

Jun. 30 2024 1.33 1.23 Missed

Mar. 31 2024 1.38 1.81 Beat

Dec. 31 2023 1.03 -0.04 Missed