WILMINGTON, Del. (AP) _ Navient Corp. (NAVI) on Tuesday reported fourth-quarter net income of $186 million.

The Wilmington, Delaware-based company said it had net income of 99 cents per share. Earnings, adjusted for non-recurring gains, were 88 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share.

The student loan servicing company posted revenue of $898 million in the period. Its adjusted revenue was $343 million.

For the year, the company reported profit of $412 million, or $2.12 per share. Revenue was reported as $1.25 billion.

Navient shares have risen 21% since the beginning of the year, while the Standard & Poor's 500 index has risen 2.5%. In the final minutes of trading on Tuesday, shares hit $11.87, a decrease of 20% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NAVI at https://www.zacks.com/ap/NAVI

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