Navient (NASDAQ:NAVI) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, April 23rd. Analysts expect the company to announce earnings of $0.46 per share for the quarter.
Navient (NASDAQ:NAVI) last posted its quarterly earnings results on Tuesday, January 22nd. The credit services provider reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.11. Navient had a return on equity of 14.08% and a net margin of 7.04%. The business had revenue of $307.00 million for the quarter, compared to the consensus estimate of $315.67 million. During the same quarter in the prior year, the company earned $0.43 EPS. On average, analysts expect Navient to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NAVI opened at $12.27 on Tuesday. Navient has a 12-month low of $8.23 and a 12-month high of $15.02. The company has a debt-to-equity ratio of 26.37, a quick ratio of 17.67 and a current ratio of 17.67. The firm has a market cap of $3.02 billion, a PE ratio of 5.87, a PEG ratio of 2.06 and a beta of 2.29.
Navient Company Profile
Navient Corporation provides education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels in the United States. It operates in three segments: Federal Education Loans, Consumer Lending, and Business Processing. The company holds and acquires Federal Family Education Loan Program loans that are insured or guaranteed by state or not-for-profit agencies; and performs servicing and asset recovery services on its own loan portfolio, and federal education loans owned by the United States Department of Education and other institutions.
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