Sallie Mae Cuts FY26 EPS View to $1.95–$2.05
Sallie Mae lowered its FY26 EPS outlook to $1.95–$2.05.
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09:10:09 PM UTC
SquawkNews
By Katherine HamiltonSallie Mae, formally SLM Corp., lowered its earnings outlook after net charge-offs rose in the third quarter.The private student loan company said Thursday it now expects earnings per share for the year to be $1.95 to $2.05, down from its earlier guidance of $3.10 to $3.20.Sall…