Navient Corp expected to post earnings of 83  cents a share - Earnings Preview

Navient

24/04/2023 13:26

* 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
32.9% decrease in revenue to $226 million from $337 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 83 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 10
"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
$18​, above​ its last closing price of $16.50. ​​​

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 2022  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. 31 2022  0.75        0.75       0.88      Beat    18
 ​​Dec.        0.87        0.87       -0.43     Missed  -149.5
 31 2021                                                
 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
 This summary was machine generated April 24 at 12:26 GMT.  All
figures in US dollars  unless otherwise stated