Navient Corp expected to post earnings of 75  cents a share - Earnings Preview

Navient

23/04/2022 02:16

* Navient Corp  NAVI.OQ   NAVI.O  is expected to show a fall
in
quarterly revenue when it reports  results on April 26. 
    * The Wilmington Delaware-based  company is expected to
report  a
6.7% decrease in revenue to $275.286 million from $295 million a
year ago, according to the mean estimate from 7 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Navient Corp is for
earnings of 75 cents per share. For the same quarter last year,
the company reported earnings of $1.65 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"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 $16.45. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2021  0.77        0.77       1.65      Beat    113.9
 ​​Dec.        0.84        0.83       0.97      Beat    16.4
 31 2020                                                
 Sep. 30 2020  0.80        0.79       1.03      Beat    30.1​
 Jun. 30 2020  0.48        0.47       0.92      Beat    95.6
 Mar. 31 2020  -0.33       0.54       0.46      Missed  -15.2
 This summary was machine generated April 23 at 01:15 GMT.  All
figures in US dollars  unless otherwise stated