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

Navient

20/01/2023 21:14

* Navient Corp  NAVI.OQ   NAVI.O  is expected to show a fall
in
quarterly revenue when it reports  results on January 24. 
    * The Wilmington Delaware-based  company is expected to
report  a
9.4% decrease in revenue to $246.5 million from $272 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 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
$17​, below​ its last closing price of $17.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.87        0.87       -0.43     Missed  -149.5
 ​​Sep.        0.82        0.82       0.89      Beat    9
 30 2021                                                
 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
 This summary was machine generated January 20 at 21:13 GMT.  All
figures in US dollars  unless otherwise stated