While the top- and bottom-line numbers for SoFi Technologies (SOFI) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
SoFi Technologies demonstrated impressive member and product growth in Q1. SoFi's top- and bottom-line results indicate turnaround potential, especially in the company's Lending segment.
SoFi Technologies shares gained on Tuesday after the financial technology firm reported better-than-expected quarterly results buoyed by strong demand for its loan products as well as retail trading business.
SoFi Technologies, Inc. (NASDAQ:SOFI ) Q1 2025 - Earnings Conference Call April 29, 2025 8:00 AM ET Company Participants Anthony Noto – CEO Chris Lapointe – CFO Conference Call Participants Andrew Jeffrey - William Blair Kyle Peterson - Needham and Co. Dan Dolev - Mizuho Jeff Adelson - Morgan Stanley Reggie Smith - JPMorgan Terry Ma - Barclays Operator Good morning. My name is Adam, and I will be your conference operator today.
SoFi Technologies, Inc. (SOFI) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.02 per share a year ago.
The financial-technology company also boosted its full-year outlook.
SoFi's shares have outperformed the market, driven by regulatory changes and resumption of student loan payments, making it a strong buy heading into earnings. The fintech bank's multi-segment platform and cross-selling opportunities position it for significant growth, especially with the end of the student loan payment moratorium. SoFi is expected to report strong Q1 earnings, with significant year-over-year growth in both EPS and revenue, driven by increased student loan refinancing demand.
SOFI's first-quarter 2025 earnings and revenues are likely to increase year over year.
Expectations are high for next week's earnings report, and shares of SoFi Technologies Inc.
To say that SoFi (SOFI 4.73%) has shown impressive momentum in the few years since it went public would be an understatement. In the three-year period including 2022, 2023, and 2024, SoFi's membership base nearly tripled, and its bank grew from $0 in deposits (it got its banking charter in early 2022) to nearly $26 billion.
In light of the recent drop in SOFI shares, we assess the stock's current standing to decide the best course of action going forward.
Recently, Zacks.com users have been paying close attention to SoFi Technologies (SOFI). This makes it worthwhile to examine what the stock has in store.