07:37 AM EDT, 07/24/2024 (MT Newswires) -- Navient ( NAVI ) reported Q2 adjusted earnings Wednesday of $0.29 per diluted share, down from $0.70 a year earlier.

Analysts polled by Capital IQ expected $0.43.

Revenue for the quarter ended June 30, expressed as the sum of net interest income and other income, was $247 million, down from $307 million a year earlier.

Analysts polled by Capital IQ expected $158 million.

Navient ( NAVI ) shares fell 1.2% in recent Wednesday premarket activity.

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