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Navient Q2 2024 Earnings Report

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$14.63 -0.13 (-0.88%)
(As of 11:19 AM ET)

Navient EPS Results

Actual EPS
$0.29
Consensus EPS
$0.43
Beat/Miss
Missed by -$0.14
One Year Ago EPS
$0.70

Navient Revenue Results

Actual Revenue
$1.09 billion
Expected Revenue
$157.27 million
Beat/Miss
Beat by +$932.73 million
YoY Revenue Growth
N/A

Navient Announcement Details

Quarter
Q2 2024
Time
Before Market Opens

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Navient Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Navient price target lowered to $15 from $15.50 at JPMorgan
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About Navient

Navient (NASDAQ:NAVI) provides technology-enabled education finance and business processing solutions for education, health care, and government clients in the United States. It operates through three segments: Federal Education Loans, Consumer Lending, and Business Processing. The company owns Federal Family Education Loan Program (FFELP) loans that are insured or guaranteed by state or not-for-profit agencies; and performs servicing on its portfolios, as well as federal education loans held by other institutions. It also owns, originates, and services refinance and in-school private education loans; and offers business processing solutions, such as omnichannel contact center, workflow processing, and revenue cycle optimization services to federal agencies, state governments, tolling and parking authorities, other public sector clients, as well as hospitals, hospital systems, medical centers, large physician groups, other healthcare providers, and public health departments. In addition, the company provides corporate liquidity portfolio services. Navient Corporation was founded in 1973 and is headquartered in Herndon, Virginia.

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