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

Navient

25/10/2022 23:22

* Navient Corp  NAVI.OQ  reported quarterly adjusted
earnings of
62 cents​​ per share for the quarter ended in September. The
mean expectation of twelve analysts for the quarter was
for earnings of 79 cents per share.
    * Revenue fell 19.7% to $240.00 million from a year ago;
analysts
expected $292.71 million. 
    * Navient Corp's reported EPS for the quarter was 75 cents​.
    * The mean earnings estimate of analysts had risen by
about 4.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Navient Corp shares had risen by 5.5% this quarter and
lost 27.0% so far this year.
    * The company reported quarterly net income of $105 million.
    * Wall Street's median 12-month price target for Navient
Corp is
$16.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 9
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
25 at 10:22 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.87           -0.43          Missed