Navient (NAVI) Misses Q4 EPS by 1c

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Go back to Navient (NAVI) Misses Q4 EPS by 1c

Navient Reports Fourth-Quarter and Full-Year 2015 Financial Results

January 26, 2016 4:15 PM EST

Completes over $900 Million of New Financings during the Fourth QuarterRepurchases $691 Million of Unsecured Debt during the Fourth Quarter Approves Additional $700 Million Share Repurchase Authorization in December 2015Total Delinquency Rates at Lowest Year-Ending Levels for both FFELP and Private Education Loans since 2005

WILMINGTON, Del., Jan. 26, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today released fourth-quarter and full-year 2015 financial results that include over $900 million of new financings and $691 million repurchases of unsecured debt during the fourth-quarter 2015.  Total delinquency rates are at the lowest levels for both FFELP and private... More