SoFi Technologies Inc reports results for the quarter ended June 30 - Earnings Summary
SoFi Technologies Inc reports results for the quarter ended June 30 - Earnings Summary
SoFi Technologies Inc SOFI.OQ reported quarterly adjusted earnings of 12 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of twenty analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 10 cents to 15 cents per share.
Revenue rose 40.5% to $1.21 billion from a year ago; analysts expected $1.12 billion.
SoFi Technologies Inc's reported EPS for the quarter was 12 cents.
The company reported quarterly net income of $156.65 million.
SoFi Technologies Inc shares had fallen by 6.6% this quarter and lost 36.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 12.2% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 12 "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 $18.00, about 7% above its last closing price of $16.74
This summary was machine generated from LSEG data July 29 at 03:56 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.11 | 0.12 | Beat |
Mar. 31 2026 | 0.12 | 0.12 | Met |
Dec. 31 2025 | 0.12 | 0.13 | Beat |
Sep. 30 2025 | 0.08 | 0.11 | Beat |
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SoFi Technologies Inc reports results for the quarter ended June 30 - Earnings Summary
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