SLM Corp. Bottom Line Declines In Q4, Misses Estimates

WASHINGTON (dpa-AFX) - SLM Corp. (SLM) revealed a profit for fourth quarter that decreased from last year and missed the Street estimates.

The company's bottom line came in at $107.19 million, or $0.50 per share. This compares with $163.72 million, or $0.72 per share, last year.

Analysts on average had expected the company to earn $0.55 per share. Analysts' estimates typically exclude special items.

SLM Corp. earnings at a glance (GAAP) :

-Earnings: $107.19 Mln. vs. $163.72 Mln. last year. -EPS: $0.50 vs. $0.72 last year.

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