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

Navient

27/04/2022 01:49

* Navient Corp  NAVI.OQ  reported quarterly adjusted
earnings of
88 cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for earnings of
75 cents per share.
    * Revenue rose 14.2% to $337.00 million from a year ago; 
analysts
expected $275.29 million. 
    * Navient Corp's reported EPS for the quarter was $1.67​.
    * The mean earnings estimate of analysts had fallen by
about 3.7%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Navient Corp shares had risen by 0.7% this quarter and
lost 19.1% so far this year.
    * The company reported quarterly net income of $255 million.
    * Wall Street's median 12-month price target for Navient
Corp is
$19.00 
    * 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 April 27 at 12:49 a.m.  ​All
figures in US dollars unless otherwise stated