Sallie Mae’s Q2 earnings drop Thursday, but investors are optimistic—last quarter’s revenue surprise and upgraded full-year outlook set the tone. Analysts expect a 1.2% revenue bump this quarter, a sharp rebound from last year’s 21.5% plunge, with estimates largely unchanged. While Sallie Mae has missed targets before, rivals like Capital One and Synchrony are thriving. The broader consumer finance sector is surging, and Sallie Mae’s stock is up 10.3% in the past month, trading below its $28.73 average price target. Can they keep the momentum alive in student loans?
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