Navient Corp expected to post earnings of 82 cents a share - Earnings Preview

Navient

23/10/2021 24:06

* Navient Corp  NAVI.OQ   NAVI.O  is expected to show a fall in
quarterly revenue when it reports results on October 26. 
* The Wilmington, Delaware-based company is expected to report 
a 12.3% decrease in revenue to $294.613 million from $336
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Navient Corp is for
earnings of 82 cents per share. For the same quarter last year,
the company reported earnings of $1.03 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and no "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
$21.5​, about 7.1% above​ its last closing price of $19.98. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.84        0.83       0.97      Beat    16.4​
 Sep. 30 2020  0.80        0.79       1.03      Beat    30.1
 Jun.          0.48​       0.47       0.92      Beat    95.6​
 30​ 2020​                                              
 Mar. 31 2020  -0.33       0.54       0.46      Missed  -15.2​
 Dec. 31 2019  0.59        0.58       0.69      Beat    19.1
 Sep. 30 2019  0.57        0.57       0.62      Beat    9
 This summary was machine generated October 22 at 23:06 GMT.  All
figures in US dollars unless otherwise stated