Navient First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]
Navient Corporation (NAVI)
Last navient corporation earnings: 4/21 04:14 pm
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US:NASDAQ Investor Relations:
navient.com/about/investors
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Source: Yahoo! Finance
Net income: US$73.0m (down 34% from 1Q 2023). Profit margin: 27% (down from 33% in 1Q 2023). The decrease in margin was driven by lower revenue. EPS: US$0.65 (down from US$0.86 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Navient EPS Beats Expectations, Revenues Fall Short Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 4.9%. Looking ahead, revenue is expected to decline by 32% p.a. on average during the next 2 years, while revenues in the Consumer Finance industry in the US are expected to grow by 11%. Performance of the American Consumer Finance industry. The company's shares are down 3.1% from a week ago. Risk Analysis You should always think about risks. Case in point, we've spotted 2 warning signs for Navient you should be aware of, and 1 of them makes us a bit uncomfortable. Have feedback on this article? Concerned about the content? Get in touch with us directl
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NAVI
News
- Navient Co. (NASDAQ: NAVI) had its price target lowered by analysts at TD Cowen from $14.00 to $13.00. They now have a "sell" rating on the stock.MarketBeat
- Federal Student Aid head will step down. His office has been roiled by FAFSA problems [CNN]CNN
- Navient Co. (NASDAQ: NAVI) had its price target lowered by analysts at JPMorgan Chase & Co. from $17.00 to $16.00. They now have a "neutral" rating on the stock.MarketBeat
- Navient Co. (NASDAQ: NAVI) had its price target lowered by analysts at Barclays PLC from $13.00 to $11.00. They now have an "underweight" rating on the stock.MarketBeat
- Boys & Girls Clubs of Delaware, Navient to host May 4 college planning conference [Yahoo! Finance]Yahoo! Finance
NAVI
Earnings
- 4/25/24 - Miss
NAVI
Sec Filings
- 5/3/24 - Form 144
- 4/29/24 - Form 8-K
- 4/25/24 - Form 8-K/A
- NAVI's page on the SEC website