SoFi Technologies Inc SOFI will be reporting its fourth-quarter earnings on Monday. Wall Street expects four cents in EPS and $674.13 million in revenues as the company reports before market hours.
SOFI's fourth-quarter 2024 earnings and revenues are likely to increase year over year.
SOFI is likely to witness a year-over-year increase in earnings and revenues in the fourth quarter of 2024.
SoFi's stock surged ~130% over the past year, far outperforming the S&P 500 and Nasdaq-100. Analysts expect Q4 revenue to grow 14.8% YoY to $681.91M, with EPS rising 94.5% YoY to $0.04. Management raised revenue guidance to $2.535–$2.550B (+22–23% YoY) and GAAP net income to $204–$206M.
As a SoFi shareholder, I am sorry the company's stock price trades 20% below its June 2021 peak of $22.65 — the day the company merged with a special purpose acquisition company.
After an initial phase of high ups and downs, SoFi Technologies (SOFI 2.50%) has been on a roll, and the stock is up 120% over the past year. That's a phenomenal gain, and somewhat surprising, given that it was much lower for most of last year.
Today we dig into two cheap stocks trading for under $20--WisdomTree and SoFi--that investors might want to buy for long-term upside.
In this video, I will go over my fourth-quarter SoFi Technologies (SOFI -1.73%) earnings prediction and what Wall Street expects. Watch the short video to learn more, consider subscribing, and click the special offer link below.
SoFi (SOFI -1.73%) has broken a lot of the rules of banking, from going digital to how it's funding loans. In this video, Travis Hoium outlines how this company will continue to grow its business and why it should be valued more like a tech company than a growth company today.
Liz Young Thomas, SoFi head of investment strategy, and Anastasia Amoroso, iCapital chief investment strategist, join CNBC's 'Closing Bell' to discuss the road ahead for stocks in a new Trump administration.
The stock market was having a generally strong day on Tuesday in its first day of trading since the presidential inauguration. As of 2:30 p.m.
President Trump's star-studded inauguration Monday appears to have ignited a stock market rally Tuesday, with the Dow up 1% and the S&P 500 up nearly as much.