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NAVI — Navient News Story

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Navient Corp reports results for the quarter ended March 31 - Earnings Summary

Navient Corp NAVI.OQ reported quarterly adjusted earnings of 25 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 47 cents.  The mean expectation of ten analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 8 cents to 29 cents per share.

Revenue fell 4.3% to $156.00 million from a year ago; analysts expected $140.08 million.

Navient Corp's reported EPS for the quarter was a loss of 2 cents​.

The company reported a quarterly loss of $2 million.

Navient Corp shares had risen by 0.6% this quarter and lost 4.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 28.7% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 7 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is also "hold"

Wall Street's median 12-month price target for Navient Corp is $13.00

This summary was machine generated from LSEG data April 30 at 12:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.200.25Beat
Dec. 31 20240.22-0.24Missed
Sep. 30 20240.251.45Beat
Jun. 30 20240.430.29Missed

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