Navient Corp expected to post earnings of 74  cents a share - Earnings Preview

Navient

24/07/2023 15:17

* Navient Corp  NAVI.OQ   NAVI.O  is expected to show a fall
in
quarterly revenue when it reports  results on July 26. 
    * The Wilmington Delaware-based  company is expected to
report  a
30.5% decrease in revenue to $223.167 million from $321 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Navient Corp is for
earnings of 74 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Navient
Corp is
$19.25​, above​ its last closing price of $19.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.87        0.83       1.02      Beat    23.6
 Dec. 31 2023  0.83        0.83       0.76      Missed  -8.9
 Sep. 30 2022  0.78        0.79       0.62      Missed  -21.4​
 Jun. 30 2022  0.77        0.78       0.91      Beat    16.9
 ​​Mar.        0.75        0.75       0.88      Beat    18
 31 2022                                                
 Dec. 31 2021  0.87        0.87       -0.43     Missed  -149.5
                                                        ​
 Sep. 30 2021  0.82        0.82       0.89      Beat    9
 Jun. 30 2021  0.85        0.85       0.94      Beat    11.1
 This summary was machine generated July 24 at 14:17 GMT.  All
figures in US dollars  unless otherwise stated