SoFi Technologies, Inc. (SOFI) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.05 per share a year ago.
SoFi Technologies Inc.'s (NASDAQ: SOFI) chief executive officer stated at a conference last year that the fintech company is targeting 30% member growth and 20% revenue growth.
SoFi's home-loan originations nearly doubled in the latest quarter.
I reiterate a "Hold" rating on SoFi Technologies heading into the Q4 print. The recent equity raises ($3 billion across the July and December rounds) add uncertainty on whether management funds organic growth or pursues the M&A route. I see the growth story largely intact. FY25 guidance calls for $3.54 billion adjusted net revenue (representing 36% yoy growth) and $1.035 billion adjusted EBITDA (29% margin), after a blowout Q3.
SOFI heads into Q4 earnings with strong revenue growth expectations and a solid track record of beating estimates.
SOFI's expanding platform, blockchain payments, AI tools and Galileo integration strengthen its edge over OPFI in fintech lending.
SOFI heads into Q4 with sharp earnings and revenue growth expectations, but a recent pullback and elevated valuation put pressure on the bull case.
SoFi Technologies (SOFI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
SoFi is adding record customers and reporting accelerating growth. The company's performance has beaten Wall Street's EPS expectations for the past four quarters.
SoFi Technologies (SOFI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SoFi Technologies Inc.'s (NASDAQ: SOFI) chief executive officer stated at a conference last year that the fintech company is targeting 30% member growth and 20% revenue growth.
Operating leverage is emerging at SoFi Technologies as expenses stabilize, revenues scale faster and the platform shifts toward scalable profitability.