Earnings Summary

Navient Corporation’s revenue jumped 141.1% since last year same period to $1097Mn in the Q2 2023. On a quarterly growth basis, Navient Corporation has generated 226.49% jump in its revenue since last 3-months.

Navient Corporation’s net profit fell -63.33% since last year same period to $66Mn in the Q2 2023. On a quarterly growth basis, Navient Corporation has generated -40.54% fall in its net profits since last 3-months.

Navient Corporation’s net profit margin fell -84.79% since last year same period to 6.02% in the Q2 2023. On a quarterly growth basis, Navient Corporation has generated -81.79% fall in its net profit margins since last 3-months.

Navient Corporation’s earning per share (EPS) estimates for the current quarter stand at 0.84 - a 6.33% jump from last quarter’s estimates.

Navient Corporation’s earning per share (EPS) estimates for the current year stand at 0.84.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Navient Corporation’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Navient Corporation’s return on equity (ROE) stands at 0.13.

Navient Corporation declared 0.16 dividend per share during the earnings announcement for Q1 2023.