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The financial sector was relatively quiet Friday and mostly trailed the rest of the flat-lining market, but Nelnet (NNI Quote), in particular, managed to eke out a 7% climb.
The Nebraska-based student lender said first-quarter non-GAAP income, at 54 cents a share, pulled back a nickel from last year but was also a nickel past projections, per Thomson Financial. Shares were up $1.83 to $27.48.
Delaware-based WSFS Financial (WSFS Quote) also did well after the bank's first-quarter per-share earnings added 9 cents from last year to $1.15, or $7.9 million, easily topping analysts' $1.08 estimates. Shares were rising $3.33, or 5.2%, to $67.76. ...
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