Navient (NAVI) Scheduled to Post Earnings on Tuesday
Navient (NASDAQ:NAVI) is set to release its earnings data after the market closes on Tuesday, April 23rd. Analysts expect Navient to post earnings of $0.46 per share for the quarter.
Navient (NASDAQ:NAVI) last issued its quarterly earnings results on Tuesday, January 22nd. The credit services provider reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.11. Navient had a return on equity of 14.08% and a net margin of 7.04%. The business had revenue of $307.00 million for the quarter, compared to the consensus estimate of $315.67 million. During the same quarter in the previous year, the company posted $0.43 earnings per share. On average, analysts expect Navient to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of NAVI stock opened at $12.19 on Monday. Navient has a 1-year low of $8.23 and a 1-year high of $15.02. The company has a current ratio of 17.67, a quick ratio of 17.67 and a debt-to-equity ratio of 26.37. The firm has a market cap of $2.98 billion, a PE ratio of 5.83, a price-to-earnings-growth ratio of 2.05 and a beta of 2.29.
Navient Company Profile
Navient Corporation provides education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels in the United States. It operates in three segments: Federal Education Loans, Consumer Lending, and Business Processing. The company holds and acquires Federal Family Education Loan Program loans that are insured or guaranteed by state or not-for-profit agencies; and performs servicing and asset recovery services on its own loan portfolio, and federal education loans owned by the United States Department of Education and other institutions.
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