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SOFI — SoFi Technologies News Story

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SoFi Technologies Inc reports results for the quarter ended June 30 - Earnings Summary

SoFi Technologies Inc SOFI.OQ reported quarterly adjusted earnings of 8 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 1 cents.  The mean expectation of eighteen analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 5 cents to 8 cents per share.

Revenue rose 43.8% to $858.23 million from a year ago; analysts expected $803.11 million.

SoFi Technologies Inc's reported EPS for the quarter was 8 cents​.

The company reported quarterly net income of $97.61 million.

SoFi Technologies Inc shares had risen by 15.4% this quarter and gained 36.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 8% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 10 "hold" and 4 "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is  "buy."

Wall Street's median 12-month price target for SoFi Technologies Inc is $17.00, about 23.6% below its last closing price of $21.02

This summary was machine generated from LSEG data July 29 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.060.08Beat
Mar. 31 20250.030.06Beat
Dec. 31 20240.040.05Beat
Sep. 30 20240.040.05Beat

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