• Navient Corp NAVI.OQ reported quarterly adjusted earnings of 33 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.45. The mean expectation of nine analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 14 cents to 27 cents per share.

• Revenue rose 34.2% to $161.00 million from a year ago; analysts expected $156.44 million.

• Navient Corp's reported EPS for the quarter was a loss of 87 cents​.

• The company reported a quarterly loss of $86 million.

• Navient Corp shares had fallen by 1.6% this quarter and lost 2.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.7% in the last three months.​

• In the last 30 days, six 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," 5 "hold" and 3 "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 $14.00, about 7.6% above its last closing price of $12.94

This summary was machine generated from LSEG data October 29 at 01:25 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)