SLM (NASDAQ:SLM) reported quarterly earnings of $1.54 per share which beat the analyst consensus estimate of $1.11 by 38.74 percent. This is a 10 percent increase over earnings of $1.40 per share from the same period last year. The company reported quarterly sales of $375.000 million which missed the analyst consensus estimate of $463.171 million by 19.04 percent. This is the same as the same period last year.