In This Article:
Navient (NASDAQ:NAVI) Full Year 2024 Results
Key Financial Results
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Revenue: US$848.0m (down 27% from FY 2023).
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Net income: US$131.0m (down 43% from FY 2023).
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Profit margin: 15% (down from 20% in FY 2023). The decrease in margin was driven by lower revenue.
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EPS: US$1.20 (down from US$1.87 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Navient Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is expected to decline by 21% p.a. on average during the next 2 years, while revenues in the Consumer Finance industry in the US are expected to grow by 11%.
Performance of the American Consumer Finance industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Navient that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.