Navient (NAVI) Misses Q3 EPS by 1c

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Navient Reports Third-Quarter 2015 Financial Results

October 20, 2015 4:30 PM EDT

Private Education Loan Charge-Offs Decline $31 Million from Prior Quarter

Repurchases $175 Million of Common Shares during the Quarter

Completes Conversion of $4.9 Billion of FFELP Loans

Acquires Xtend, a Health Care Payments Company

WILMINGTON, Del., Oct. 20, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today released third-quarter 2015 financial results that include a decline in private education loan charge-offs of $31 million from the prior quarter, common share repurchases of $175 million and the completed conversion of $4.9 billion of FFELP loans to Navients... More