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NASDAQ:NAVI

Navient Q3 2024 Earnings Results & Report

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Navient beat analyst expectations on both earnings and revenue in its Q3 2024 results, released October 30, 2024. The company reported EPS of $1.45 versus the $0.25 consensus estimate, while revenue of $1.22 billion topped the $150.04 million estimate by $1.07 billion.

Earnings Announcement Details

Quarter
Q3 2024
Report Date
Time
Before Market Opens

Navient EPS Results

Actual EPS
$1.45
Consensus EPS
$0.25
Beat/Miss
Beat by +$1.20
One Year Ago EPS
$0.84
EPS Beat Rate
4 of last 8 quarters

Navient Revenue Results

Actual Revenue
$1.22 billion
Expected Revenue
$150.04 million
Beat/Miss
Beat by +$1.07 billion
YoY Revenue Growth
N/A

Upcoming Earnings

Navient's next earnings date is estimated for Wednesday, November 4, 2026, based on past reporting schedules.

Conference Call Resources

Navient Q3 2024 Earnings FAQ

Navient (NASDAQ:NAVI) reported earnings of $1.45 per share for Q3 2024, beating the consensus estimate of $0.25. The report was announced on Wednesday, October 30, 2024.

Navient reported revenue of $1.22 billion for Q3 2024, against a consensus estimate of $150.04 million.

Navient's next earnings date is estimated for Wednesday, November 4, 2026. MarketBeat tracks confirmed and estimated earnings dates for Navient on the company's earnings history page.

Navient Earnings Headlines

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About Navient

Navient (NASDAQ:NAVI) is a financial services company that provides education finance and loan management solutions. Its activities include servicing and managing private education loans and federally backed loans held in its portfolio, as well as providing related customer support, payment processing and account administration services.

The company was formed in 2014 through the separation of Sallie Mae’s education-lending and loan-servicing businesses. Navient formerly serviced a significant portion of the federal student loan portfolio, but it exited the U.S. Department of Education’s federal student loan servicing program in 2021. Its business has since focused more heavily on private education loans, government-guaranteed loans and other consumer finance activities.

Navient serves borrowers and institutional clients primarily in the United States. The company is headquartered in Wilmington, Delaware, and is led by President and Chief Executive Officer David Yowan.

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