Navient Corporation (NAVI) has reported third-quarter 2024 adjusted earnings per share (excluding gain from the sale of Xtend Healthcare, provision for loan losses related to lowering the expected recovery rate on defaulted Private Education Loans and restructuring and regulatory-related expenses) of 28 cents, surpassing the Zacks Consensus Estimate of 23 cents. It reported 47 cents in the prior-year quarter. See the Zacks Earnings Calendar to stay ahead of market-making news Results were driven by a rise i ...

Navient (NAVI) reported $140 million in revenue for the quarter ended September 2024, representing a yearover-year decline of 50%. EPS of $0.28 for the same period compares to $0.84 a year ago. The reported revenue represents a surprise of -6.69% over the Zacks Consensus Estimate of $150.04 million. With the consensus EPS estimate being $0.23, the EPS surprise was +21.74%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Navient (NAVI) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 21.74%. A quarter ago, it was expected that this student loan servicing company would post earnings of $0.42 per share when it actually produced earnings of $0.48, delivering a surprise of 14.29%. Over the last four quarte ...

HERNDON, Va., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today posted its 2024 third quarter financial results. Complete financial results are available on the company's website at Navient.com/investors. The materials will also be available on a Form 8-K on the SEC's website at www.sec.gov. Navient will hold a live audio webcast today, Oct. 30, 2024, at 8 a.m. ET, hosted by David Yowan, president and CEO, and Joe Fisher, CFO. Analysts and investors who wish to ask questions are requested to pr ...

Exhibit 99.2 NAVIENT REPORTS THIRD-QUARTER 2024 FINANCIAL RESULTS HERNDON, Va., October 30, 2024 — Navient (Nasdaq: NAVI) today released its third-quarter 2024 financial results. | --- | --- | --- | |----------------------|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Navient Corporation (NAVI) is scheduled to report third-quarter 2024 results on Oct. 30, before market open. NAVI's quarterly revenues and earnings are anticipated to have declined from the year-ago quarter's reported level. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. This Wilmington, DE-based lender's second-quarter 2024 earnings of 53 cents surpassed the Zacks Consensus Estimate of 42 cents. Results were driven by a decline in total expenses. A solid liquidity position was an ...

Navient (NAVI) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 30, 2024, might help the stock move higher if these key numbers are better than ex ...

HERNDON, Va., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) has been recognized for the third year as a Best Place to Work for Working Daughters, according to Working Daughter, a community for women balancing eldercare with their careers. The annual list recognizes companies that support family caregivers and also raises awareness of how businesses help make caregiving and professional success compatible. "The companies on this list understand that supporting working caregivers is a business impe ...

HERNDON, Va., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) will host an audio webcast to review its 2024 third quarter financial results on Wednesday, Oct. 30, 2024, at 8:00 a.m. Eastern Time. The results are scheduled to be released the same day by 7:00 a.m. on Navient.com/investors. In addition to being available on the company's investor website, the results will be filed with the SEC on a Form 8-K available at SEC.gov. The webcast and presentation slides also will be available on Navient.com ...

Navient Corporation (NAVI) will divest its healthcare revenue cycle management business to CorroHealth. The move aligns with NAVI's plan to streamline its business operations. Doing business as Xtend Healthcare, Navient's healthcare revenue cycle management organization is headquartered in Hendersonville, TN. CorroHealth will continue to operate Xtend from its Hendersonville offices. Financial Details: NAVI's Healthcare Services Arm Divestiture Per the agreement signed in August 2024, the purchase price for ...