SoFi Technologies Second Quarter 2024 Earnings: Beats Expectations

Aug 9, 2024 · SoFi Technologies ( NASDAQ:SOFI ) Second Quarter 2024 Results Key Financial Results Revenue: US$587.0m (up 21% from 2Q...

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SoFi Technologies Second Quarter 2024 Earnings: Beats Expectations

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Aug 9, 2024 · SoFi Technologies ( NASDAQ:SOFI ) Second Quarter 2024 Results Key Financial Results Revenue: US$587.0m (up 21% from 2Q...

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SoFi Stock Sinks Despite Upbeat Outlook. Should Investors Buy …

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Nov 2, 2024 · One knock on SoFi had been its credit metrics, but the company saw its charge-off rate decline to 3.52% from 3.84% in Q2. SoFi did sell some later-stage delinquencies but said …

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Results: SoFi Technologies, Inc. Beat Earnings Expectations And ...

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Oct 31, 2024 · The company beat forecasts, with revenue of US$689m, some 8.8% above estimates, and statutory earnings per share (EPS) coming in at US$0.05, 25% ahead of …

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SoFi Q2 Revenue Beats Consensus As Loan Originations Climb; …

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Jul 31, 2023 · Q2 adjusted revenue of $488.8M, topping the average analyst estimate of $473.4M, grew from $460.2M in Q1 and from $356.1M in Q2 2022. Q2 net interest income of $291.1M …

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SoFi Raised Its Earnings Forecast For 2024. Here's Why Its Growth …

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May 13, 2024 · SoFi Technologies (SOFI 3.91%) recently reported solid first-quarter earnings as its lending business slowed, while two of its newer revenue streams boosted it. The company …

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SoFi Technologies, Inc. (SOFI) Reports Q2 Loss, Tops Revenue …

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Aug 2, 2022 · SoFi Technologies, Inc. (SOFI) delivered earnings and revenue surprises of 0% and 4.66%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies …

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SoFi Technologies Reports Net Revenue Of $599 Million And Net …

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Record Adjusted Net Revenue Driven by 46% Combined Growth in Financial Services and Tech Platform Segments vs 5% Lending Growth Given Conservative Stance 41% Growth in …

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SoFi Technologies (SOFI) Earnings Date And Reports 2025

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2 days ago · SoFi Technologies posted Q3 2024 earnings on October 29, 2024, reporting an EPS of $0.05, which beat the consensus estimate of $0.04 by $0.01.Quarterly revenue rose 29.8% …

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SoFi Issues Strong Q3 Guidance, Boosts 2024 Outlook After Q2

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Q2 adjusted net revenue of $597.0M, beating the $566.9M consensus, increased from $580.6M in the prior quarter and $488.8M in last year's Q2. Net interest income of $412.6M rose from …

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SoFi Technologies, Inc. (SOFI) Reports Q2 Loss, Tops Revenue

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Aug 2, 2022 · SoFi Technologies, Inc. (SOFI) came out with a quarterly loss of $0.12 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.48 per share a year ago. …

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SoFi Beats Q3 Earnings Estimates And Raises Full-Year 2022

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The actual loss per share is $-0.09 and beats the street estimate of $-0.11. Record GAAP and Adjusted Net Revenue for Third Quarter 2022 GAAP Net Revenue of $424 Million Up 56%; …

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FAQs about SoFi Technologies Second Quarter 2024 Earnings: Beats Expectations Coupon?

How did Sofi technologies perform compared to analysts' estimates?

SoFi Technologies surpassed analysts' estimates with EPS of $0.02, double the expected $0.01. Revenue of $645 million exceeded the $555 million forecast, marking a 37% rise from the previous year. Investors got spooked when the company said second-quarter revenue would be as much at $25 million short of analyst estimates. ...

How will Sofi technologies' earnings perform next year?

Quarterly revenue rose 29.8% year-over-year to $697.10 million, above analyst estimates of $631.59 million. With a trailing EPS of $0.10 and a P/E Ratio of 159.82, SoFi Technologies' earnings are expected to grow 141.67% next year, from $0.12 to $0.29 per share. Want to stay updated on the latest earnings announcements and upcoming reports? ...

Does Sofi technologies (Sofi) beat Wall Street expectations?

Earlier, SoFi Technologies beats top-line and bottom-line estimates, initiates Q3 and updates FY24 outlook SoFi Technologies (SOFI) boosted its 2024 guidance after Q2 earnings beat Wall Street expectations as its Financial Services and Tech Platform units become bigger drivers of its revenue. ...

What does Sofi forecast for Q3 earnings?

SoFi forecasts an adjusted net revenue of $250 million and an adjusted EBITDA of -$2 million at the midpoint in the third quarter. According to CNN Business, analysts' median target price for SoFi stock is $26.50, which is 52 percent above its current price. ...

Why did Sofi raise its earnings forecast for 2024?

SoFi Raised Its Earnings Forecast for 2024. Here's Why Its Growth Is So Strong. SoFi raised its earnings guidance for 2024 despite slower loan growth. The company has invested heavily in becoming a one-stop shop for customers' financial services needs. Its technology platform allows non-bank fintechs to provide an array of financial products. ...

When does Sofi (Sofi) release its second-quarter results?

Financial technology company SoFi ($SOFI) is scheduled to release its second-quarter results on July 30, before the market opens. Analysts are expecting earnings per share to come in at $0.01 against a loss of $0.06 in the year-ago quarter. Meanwhile, analysts expect revenues of $564.39 million, reflecting a year-over-year decline of 16.6%. ...