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

Navient

27/07/2022 24:14

* Navient Corp  NAVI.OQ  reported quarterly adjusted
earnings of
91 cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for earnings of
78 cents per share.
    * Revenue rose 13.8% to $321.00 million from a year ago;
analysts
expected $268.50 million. 
    * Navient Corp's reported EPS for the quarter was $1.22​.
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * Navient Corp shares had risen by 12.2% this quarter and
lost 26.0% so far this year.
    * The company reported quarterly net income of $180 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 2 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 26
at 11:14 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.78           0.91           Beat
 Mar. 31 2022      0.75           0.88           Beat
 Dec. 31 2021      0.87           -0.43          Missed
 Sep. 30 2021      0.82           0.89           Beat