Navient (NAVI) reported $136 million in revenue for the quarter ended June 2024, representing a year-overyear decline of 38.5%. EPS of $0.48 for the same period compares to $0.70 a year ago. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Here is how Navient performed in the just reported quarter in terms of the metrics ...

OVERALL RESULTS • GAAP net income of $36 million ($0.32 diluted earnings per share). | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

This Wilmington, DE-based lender's first-quarter 2024 earnings surpassed the Zacks Consensus Estimate. Results were driven by a rise in total other income and a fall in expenses. However, a decline in net interest income (NII) dented quarterly results. NAVI's activities in the to-be-reported quarter were inadequate to gain analysts' confidence. As a result, the Zacks Consensus Estimate for second-quarter earnings of 41 cents per share has been revised marginally downward in the past month. However, the figu ...

HERNDON, Va., July 10, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) will host an audio webcast to review its 2024 second quarter financial results on Wednesday, July 24, 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.co ...

About Navient Navient (Nasdaq: NAVI) provides technology-enabled education finance and business processing solutions that simplify complex programs and help millions of people achieve success. Our customer-focused, data-driven services deliver exceptional results for clients in education, healthcare, and government. Learn more at Navient.com. Media: Paul Hartwick, 302-283-4026, paul.hartwick@navient.com HERNDON, Va., July 10, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) will host an audio webcast to revi ...

HERNDON, Va., May 23, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology- enabled education finance and business processing solutions, announced that its board of directors approved a 2024 second quarter dividend of $0.16 per share on the company's common stock. The second quarter 2024 dividend will be paid on June 21, 2024, to shareholders of record at the close of business on June 7, 2024. About Navient Navient (Nasdaq: NAVI) provides technology-enabled education finance and business ...

Navient Corporation's (NAVI) declining servicing revenues and high debt burden are major concerns. Additionally, its capital distribution activities seem unsustainable. NAVI's growth opportunities seem limited. The firm transferred all its ED servicing contracts to Maximus after receiving the necessary approvals in October 2021. This has hurt its servicing revenues, evidenced by a yearover-year decline of $91 million and $13 million in 2022 and 2023, respectively. The metric was stable in firstquarter 2024 ...

DOVER, Del., April 25, 2024 (GLOBE NEWSWIRE) -- Boys & Girls Clubs of Delaware, a seasoned leader in youth development, and Navient (NASDAQ:NAVI), a leader in technology-enabled education finance and business processing solutions, are hosting a college planning conference to help young people and their families access career and college planning resources. The event will be held from 10 a.m. to 2 p.m. on Saturday, May 4, at the Greater Dover Boys & Girls Club, 1683 New Burton Rd, Dover, DE 19904. Several el ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36228 Navient Corporation (Exact name of registrant as specified in its charter) Delaware 46-4054283 (State or other jurisdicti ...

Navient Corporation (NASDAQ:NAVI) Q1 2024 Earnings Conference Call April 24, 2024 8:00 AM ET Company Participants Jen Earyes – Vice President-Investor Relations David Yowan – Chief Executive Officer Joe Fisher – Chief Financial Officer Conference Call Participants Steven Kwok – KBW Melissa Wedel – JPMorgan Operator Good day and welcome to the Navient’s First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-an ...