Navient Corporation reports results for the quarter ended June 30 - Earnings Summary
Navient Corporation reports results for the quarter ended June 30 - Earnings Summary
Navient Corporation NAVI.OQ reported quarterly adjusted earnings of 29 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of eight analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 18 cents to 22 cents per share.
Revenue fell 21.8% to $122.00 million from a year ago; analysts expected $142.88 million.
Navient Corporation's reported EPS for the quarter was 26 cents.
The company reported quarterly net income of $25 million.
Navient Corporation shares had risen by 6.5% this quarter and lost 30.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.
In the last 30 days, two 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," 4 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is "buy."
Wall Street's median 12-month price target for Navient Corporation is $9.00, about 0.7% below its last closing price of $9.06
This summary was machine generated from LSEG data August 6 at 10:40 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.20 | 0.29 | Beat |
Mar. 31 2026 | 0.16 | 0.20 | Beat |
Dec. 31 2025 | 0.31 | 0.02 | Missed |
Sep. 30 2025 | 0.18 | -0.84 | Missed |
Recent news on Navient
See all newsNavient Corporation reports results for the quarter ended June 30 - Earnings Summary
Brief: Navient Corp Files Pricing Term Sheet For Offering Of $500 Million 9.375% Senior Notes Due 2031
Brief: Navient Announces Leadership Transition With Board Chair Edward Bramson To Become Chief Executive Officer
Brief: Navient Corp - Appoints Edward Bramson As CEO Effective June 5, 2026 - SEC Filing
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