Navient(NAVI)

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Navient (NAVI) Q3 Earnings Beat Estimates
ZACKS· 2024-10-30 14:10
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 ...
Navient posts third quarter 2024 financial results
GlobeNewswire News Room· 2024-10-30 11:00
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 ...
Navient(NAVI) - 2024 Q3 - Quarterly Results
2024-10-29 22:27
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 Likely to be Hurt by a Decline in Fee Income in Q3 Earnings
ZACKS· 2024-10-25 16:11
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 ...
Analysts Estimate Navient (NAVI) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-23 15:07
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 ...
Navient Again Named a Best Place to Work for Caregivers
GlobeNewswire News Room· 2024-10-03 13:15
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 ...
Navient to announce third quarter 2024 results, host earnings webcast Oct. 30
GlobeNewswire News Room· 2024-10-02 13:15
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 Finalizes Divesture of Healthcare Services Arm to CorroHealth
ZACKS· 2024-09-23 14:56
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 ...
Is the Options Market Predicting a Spike in Navient (NAVI) Stock?
ZACKS· 2024-09-18 13:41
Investors in Navient Corporation (NAVI) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 20, 2024 $12.50 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could ...
Navient Banned to Service Federal Direct Loans, To Pay $120M to CFPB
ZACKS· 2024-09-13 15:41
A proposed order has been filed by the U.S. Consumer Financial Protection Bureau ("CFPB") against Navient Corporation (NAVI) , according to which the student loan servicer will be permanently banned from servicing federal direct loans and directly servicing or acquiring most loans under the Federal Family Education Loan Program. NAVI will have to pay $120 million for years of student lending failures, which includes $100 million in restitution and a $20-million civil penalty. The CFPB's Remarks About Navien ...