Navient Corp expected to post earnings of 87 cents a share - Earnings Preview

Navient

21/01/2022 22:25

* Navient Corp  NAVI.OQ   NAVI.O  is expected to show a fall
in
quarterly revenue when it reports  results on January 25. 
    * The Wilmington Delaware-based  company is expected to
report  a
10.2% decrease in revenue to $282 million from $314 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 87 cents per share. For the same quarter last year,
the company reported earnings of 97 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"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
$22​, about 9.9% above​ its last closing price of $19.83. ​​​
    * 

This summary was machine generated January 21 at 22:25 GMT.  All
figures in US dollars  unless otherwise stated