Navient Reports Third Quarter GAAP EPS of $0.16, Exceeding Estimates
Navient Corporation (NAVI) reported third-quarter financial results featuring a GAAP earnings per share (EPS) of $0.16, which surpassed analyst expectations by $0.06. The company also reported quarterly revenue totaling $60 million. In addition to the earnings beat, Navient is undergoing significant structural changes, including a corporate reorganization and strategic realignment aimed at establishing a new holding company structure. These moves are part of an ongoing effort to optimize its business operations.
Tickers: $NAVI
Topics: corporate reorganization earnings report GAAP EPS revenue