Navient sees FY23 adjusted core EPS $3.15-$3.30, consensus $3.21

Navient expects net charge-offs to return to historical levels moving further from the pandemic, absent other variables. Allowance coverage and net charge-off rates going forward will be in large part a function of the changing mix of the portfolio among seasoned loans, refinance loans and in-school loans, Navient said. Comments taken from Q2 earnings conference call presentation slides.