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

Navient

23/10/2023 13:15

* Navient Corp  NAVI.OQ   NAVI.O  is expected to show a fall
in
quarterly revenue when it reports  results 
    * The Herndon Virginia-based  company is expected to report 
a
3.7% decrease in revenue to $231.167 million from $240 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​, above​ its last closing price of $16.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.74        0.74       0.70      Missed  -5.1
 Mar. 31 2023  0.87        0.83       1.02      Beat    23.6
 Dec. 31 2022  0.83        0.83       0.76      Missed  -8.9​
 Sep. 30 2022  0.78        0.79       0.62      Missed  -21.4
 ​​Jun.        0.77        0.78       0.91      Beat    16.9
 30 2022                                                
 Mar. 31 2022  0.75        0.75       0.88      Beat    18​
 Dec. 31 2021  0.87        0.87       -0.43     Missed  -149.5
 Sep. 30 2021  0.82        0.82       0.89      Beat    9
 This summary was machine generated October 23 at 12:15 GMT.  All
figures in US dollars  unless otherwise stated