Jul. 30 at 5:38 PM
$NAVI misses Q2 earnings estimates — what's dragging it down? 🤔
📉 Adjusted EPS of 21 cents missed the Zacks Consensus Estimate of 29 cents, affected by declines in net interest income and other income.
📊 Higher loan loss provisions were a headwind, despite a 45.4% drop in expenses acting as a tailwind.
See the full breakdown here 👉 https://www.zacks.com/stock/news/2639737/navient-q2-earnings-miss-on-lower-nii-higher-provisions-stock-down?cid=sm-stocktwits-2-2639737-body-4884&ADID=SYND_STOCKTWITS_TWEET_2_2639737_BODY_4884