October 11, 2007
SLM Earnings Release Today
SLM Corporation is to release third quarter earnings today, before noon. For those wanting some free coffee and perhaps even food there will be a live presentation at noon EDT at the New York Palace Hotel in New York City and will conclude by 1 p.m. EDT.
To participate in the earnings call, dial (877) 356-5689 (USA and Canada) or dial (706) 679-0623 (International) and use access code 5437761 starting at 11:45 a.m. EDT, Thursday, Oct. 11. The conference call will be replayed continuously beginning at 3 p.m. EDT, Oct. 11, 2007, and concluding at midnight, Oct. 25, 2007. To access the replay, please dial (800) 642-1687 (USA and Canada) or dial (706) 645-9291 (International) and use access code 5437761.
I'll have some commentary on it later today or first thing tomorrow. Expect SLM to be spinning the earnings to show how great their business is and (relatively) unaffected by the recent market turbulence. It would also be nice if they quantified the full extent the new Bill will have on their revenue and earnings -- but given the litigation, I'm not sure they will or should.
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