Navient Corp reports results for the quarter ended in December - Earnings Summary

Navient

24/01/2023 22:02

* Navient Corp  NAVI.OQ  reported quarterly adjusted
earnings of
76 cents​​ per share for the quarter ended in December. The mean
expectation of twelve analysts for the quarter was for earnings
of 83 cents per share.
    * Revenue fell 14.7% to $232.00 million from a year ago;
analysts
expected $246.50 million. 
    * Navient Corp's reported EPS for the quarter was 78 cents​.
    * The mean earnings estimate of analysts had risen by
about 5.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Navient Corp shares had risen by 7.5% this quarter.
    * The company reported quarterly net income of $105 million.
    * Wall Street's median 12-month price target for Navient
Corp is
$17.00 
    * 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." 

This summary was machine generated from Refinitiv data January
24 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.83           0.76           Missed
 Sep. 30 2022      0.79           0.62           Missed
 Jun. 30 2022      0.78           0.91           Beat
 Mar. 31 2022      0.75           0.88           Beat