Nelnet: 3Q Earnings Snapshot

November 7, 2019

LINCOLN, Neb. (AP) _ Nelnet Inc. (NNI) on Thursday reported third-quarter profit of $33.2 million.

The Lincoln, Nebraska-based company said it had profit of 83 cents per share. Earnings, adjusted for non-recurring costs, came to 94 cents per share.

The education services company posted revenue of $458.1 million in the period. Its adjusted revenue was $285.6 million.

Nelnet shares have climbed 21% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $63.31, a rise of 13% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NNI at https://www.zacks.com/ap/NNI