Why Navient (NAVI) Could Beat Earnings Estimates Again

Core Viewpoint - Navient (NAVI) is positioned well to continue its trend of beating earnings estimates, particularly in the upcoming quarterly report [1]. Group 1: Earnings Performance - Navient has a strong history of beating earnings estimates, with an average surprise of 23.37% over the last two quarters [2]. - In the last reported quarter, Navient achieved earnings of $0.25 per share, exceeding the Zacks Consensus Estimate of $0.20 per share, resulting in a surprise of 25% [3]. - For the previous quarter, the company was expected to post earnings of $0.23 per share but delivered $0.28 per share, yielding a surprise of 21.74% [3]. Group 2: Earnings Estimates and Predictions - Estimates for Navient have been trending higher, supported by its history of earnings surprises [6]. - The stock has a positive Zacks Earnings ESP (Expected Surprise Prediction) of +56.34%, indicating bullish sentiment among analysts regarding the company's earnings prospects [9]. - The combination of a positive Earnings ESP and a Zacks Rank 3 (Hold) suggests a high likelihood of another earnings beat in the upcoming report, expected on April 30, 2025 [9]. Group 3: Earnings ESP Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [7]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8].