Navient Corporation ($NAVI) Gearing Up To Release Q3 2024 Earnings Report

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Navient Corporation (NASDAQ: NAVI) is scheduled to reveal its financial results for the third quarter on Wednesday 30th October 2024. This disclosure will take place before market open, providing investors with significant information regarding the company's performance in the last three months period.

Wall Street financial experts forecast that the company is set to announce an expected $0.25 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $150.37 million for this particular period.

Wall Street analysts have provided their insights on the company's performance for the year, forecasting a total revenue of $592.75 million. Additionally, they anticipate the earnings per share to reach profit of $1.38 during the fiscal year.

In the same quarter of the previous year, the company's financial statement revealed a per-share income of $0.47. Additionally, the company's overall revenue for that particular period was an impressive $280 million.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.29 -58.6% 136.00 M -38.5%
Q1 2024 $0.47 -55.7% 163.00 M -35.6%
Q4 2023 $0.21 -75.3% 193.00 M -16.8%
Q3 2023 $0.47 -37.3% 280.00 M +13.4%
Q2 2023 $0.70 -23.9% 221.00 M -18.5%
*Growth on year-over-year basis

 

Additionally, The company will host a conference call with investors and analysts on 30th October 2024 at 08:00 AM eastern time to review the Q3 2024 financial results.

Navient Corporation (NAVI) closed Monday's regular trading session at $15.47, demonstrating a 2.38 percent upturn. During the day, NAVI shares traded between $15.20 and $15.67, with a day volume of 528.20 thousand shares.