Navient Q1 Earnings Beat Estimates on Lower Expenses, NII Dips Y/Y

Navient Corporation (NAVI) has reported first-quarter 2025 adjusted earnings per share (EPS) of 28 cents, surpassing the Zacks Consensus Estimate of 19 cents. It reported earnings of 63 cents in the prior-year quarter.Results were driven by lower expenses. However, a rise in provision for loan losses and a decrease in net interest income (NII) were headwinds.Navient’s GAAP net loss was $2 million against a net income of$73 million in the prior-year quarter.Navient’s NII & Expenses DeclineNII fell 11.7% yea ...