Navient (NAVI) reported $163 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 35.6%. EPS of $0.63 for the same period compares to $1.06 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $188.04 million, representing a surprise of -13.32%. The company delivered an EPS surprise of +8.62%, with the consensus EPS estimate being $0.58.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

1Q 2024 Earnings Impacts to EPS Outlook Increase in Accrual for CFPB Matter Lower FFELP NIM, Primarily Driven by Prepayment Operating Improvement, net 1 1 Operating Changes • Other operating income and operating expenses were better than outlook - Expect acceleration of shared service and corporate footprint expense reductions as outsourcing and BPS transactions are executed Confidential and proprietary information © 2024 Navient Solutions, LLC. All rights reserved. 12 - The negative provision for loan loss ...

Navient Corporation (NAVI) has reported first-quarter 2024 adjusted earnings per share (excluding regulatory-related and restructuring expenses) of 63 cents, surpassing the Zacks Consensus Estimate of 58 cents. It reported 86 cents in the prior-year quarter.Results were driven by a rise in total other income and a fall in expenses. However, a decline in net interest income (NII) has affected the results.Navient’s GAAP net income was $73 million. It recorded a net income of $111 million in the prior-year qua ...

Exhibit 99.2 NAVIENT REPORTS FIRST-QUARTER 2024 FINANCIAL RESULTS HERNDON, Va., April 24, 2024 — Navient (Nasdaq: NAVI) today released its first-quarter 2024 financial results. OVERALL RESULTS • GAAP net income of $73 million ($0.64 diluted earnings per share). • Core Earnings(1) of $54 million ($0.47 diluted earnings per share). SIGNIFICANT ITEMS • GAAP and Core Earnings results included a net reduction to pre-tax income of $23 million ($0.16 diluted loss per share) comprised of the following items: ○ $14 ...

Navient Corporation (NAVI) is scheduled to report first-quarter 2024 results on Apr 24, before market open. NAVI’s quarterly revenues and earnings are anticipated to have declined from the year-ago reported level.This Wilmington, DE-based lender’s fourth-quarter 2023 earnings missed the Zacks Consensus Estimate. Results were adversely impacted by a fall in total other income and core net interest income (NII). Further, a rise in expenses acted as a headwind.NAVI has a mixed earnings surprise history. Navien ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) Commission file number 001-36228 Navient Corporation (Exact Name of Registrant as Specified in Its Charter) | Delaware | 46-4054283 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S. Employer | | Incorporation or Organization) | Identification No.) | | 13865 Sunrise Valley Drive, Herndon, Virginia 20171 | (703) 810-3000 | | (Address of Principal Executive Offices) Securities registered pursuant to Section 1 ...

Navient Corporation. (NASDAQ:NAVI) Q4 2023 Earnings Conference Call January 31, 2024 8:00 AM ET Company Participants Jen Earyes - Vice President, Investor Relations David Yowan - President and Chief Executive Officer Edward Bramson - Vice Chair of the Board of Directors Joe Fisher - Executive Vice President and Chief Financial Officer Conference Call Participants Mark DeVries - Deutsche Bank Arren Cyganovich - Citi Moshe Orenbuch - TD Cowen William Ryan - Seaport Research Partners Sanjay Sakhrani - KBW John ...

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 September 30, 2023 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 jurisd ...

Navient Corporation. (NASDAQ:NAVI) Q3 2023 Earnings Conference Call October 25, 2023 8:00 AM ET Company Participants Jen Earyes - VP, IR Dave Yowan - CEO Joe Fisher - CFO Conference Call Participants Sanjay Sakhrani - KBW Richard Shane - JPMorgan Bill Ryan - Seaport Research Partners Arren Cyganovich - Citi Jeffrey Adelson - Morgan Stanley Operator Good day. And welcome to the Navient Third Quarter 2023 Earnings Conference Call. At this time, all participants are in listen-only mode. After the speaker’s pre ...

3Q 2023 Earnings Call Presentation Confidential and proprietary information © 2023 Navient Solutions, LLC. All rights reserved. 1 Delivering Value to Shareholders | --- | --- | |----------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | | Maximize the cash flows from our loan portfolios | • Manage credit and interest rate risk and help borrowers man ...