Navient Corporation (NAVI)

Wrapping up Q2 earnings, we look at the numbers and key takeaways for the consumer finance stocks, including Navient (NASDAQ:NAVI) and its peers.

Navient has been treading water for the past six months, recording a small return of 5% while holding steady at $9.36. The stock also fell short of the S&P 500’s 10.5% gain during that period.

Unprofitable companies face headwinds as they struggle to keep operating expenses under control. Some may be investing heavily, but the majority fail to convert spending into sustainable growth.

Can NAVI's leaner cost structure and legacy-asset reduction pave the way for stronger profitability? Let us discuss.

Navient’s second quarter results were met with a negative market reaction, as investors focused on the continued year-over-year revenue decline, despite the company exceeding Wall Street’s profit expe...