Thread regarding Navient layoffs

Revenues down but profits up?

How are profits up when revenues are down so dramatically?

"The consensus EPS Estimate is $0.57 (+7.5% Y/Y) and the consensus Revenue Estimate is $294.5M (-42.4% Y/Y)."

https://seekingalpha.com/news/3507321-navient-q3-2019-earnings-preview

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