Recap: Navient Q4 Earnings

Shares of Navient NAVI fell in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 44.78% year over year to $0.97, which beat the estimate of $0.83.

Revenue of $314,000,000 up by 6.80% year over year, which beat the estimate of $283,900,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Price Action

52-week high: $15.41

52-week low: $4.07

Price action over last quarter: Up 29.30%

Company Profile

Navient Corp is a financial services company that provides education loan management and business processing services to education, healthcare, and government clients at the federal, state, and local levels. The company operates in Delaware, western New York, northern Pennsylvania, Indiana, Tennessee, Texas, and Virginia, among other locations. The company has three primary reportable business segments: Federal Education Loans, Consumer Lending and Business Processing. The company's fourth and other segment relates to financial results of the company's holding company, including activities related to repurchases of debt, corporate liquidity portfolio, and unallocated overhead and regulatory-related costs.