• Navient Corp NAVI.OQ reported quarterly adjusted earnings of 21 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of nine analysts for the quarter was for earnings of 27 cents per share. Wall Street expected results to range from 19 cents to 40 cents per share.

• Revenue rose 20% to $156.00 million from a year ago; analysts expected $141.71 million.

• Navient Corp's reported EPS for the quarter was 13 cents​.

• The company reported quarterly net income of $14 million.

• Navient Corp shares had fallen by 2.2% this quarter and gained 3.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 8.7% in the last three months.​

• In the last 30 days, seven analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is "buy."

• Wall Street's median 12-month price target for Navient Corp is $15.00, about 8.1% above its last closing price of $13.79

This summary was machine generated from LSEG data July 30 at 12:25 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)