Navient, headquartered in Herndon, Virginia, offers asset management and business processing solutions for education, healthcare, and government clients, employing 4,500 people since its IPO on April 17, 2014. The company operates in three segments: Federal Education Loans, Consumer Lending, and Business Processing, serving various public sector clients.
Navient (NAVI) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Navient's actual EPS was $0.25, beating the estimate of $0.20 per share, resulting in a 23.09% surprise.
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