Navient Corp expected to post earnings of 78  cents a share - Earnings Preview

Navient

23/07/2022 01:43

* 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
3.5% decrease in revenue to $272.143 million from $282 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 78 cents per share. For the same quarter last year,
the company reported earnings of 94 cents 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
$17​, above​ its last closing price of $15.71. ​​​
    * 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 2022  0.75        0.75       0.88      Beat    18
 Dec. 31 2022  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.        0.77        0.77       1.65      Beat    113.9
 31 2021                                                
 Dec. 31 2020  0.84        0.83       0.97      Beat    16.4​
 Sep. 30 2020  0.80        0.79       1.03      Beat    30.1
 Jun. 30 2020  0.48        0.47       0.92      Beat    95.6
 This summary was machine generated July 23 at 00:43 GMT.  All
figures in US dollars  unless otherwise stated