SoFi Dropped 12% Despite Beating Forecasts. Why Were Investors …

May 2, 2023  · SoFi Technologies, Inc. is poised to extend yesterday's decline, with the SOFI stock price off more than 3% in Tuesday's pre-market trading.Defying logic, the shares …


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SoFi Dropped 12% Despite Beating Forecasts. Why Were Investors …

3 weeks from now

May 2, 2023  · SoFi Technologies, Inc. is poised to extend yesterday's decline, with the SOFI stock price off more than 3% in Tuesday's pre-market trading.Defying logic, the shares …

nasdaq.com

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SoFi Stock Drops 12% Despite “best Year Ever” - FXStreet

3 weeks from now

4 days ago  · SoFi beat revenue and earning estimates in the quarter, with revenue up 19% year over year to $734 million. This crushed consensus estimates of $669 million. Net income rose …

fxstreet.com

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Why SoFi Stock Tumbled By Over 8% On Thursday - Yahoo Finance

3 weeks from now

Jan 3, 2025  · The stock market had a fairly gloomy start to the new year on Thursday, but SoFi Technologies (NASDAQ: SOFI) shares really took a hit. The researcher behind the downgrade …

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SoFi: Price Slump Was Justified - Seeking Alpha

3 weeks from now

Jan 3, 2025  · Summary. SoFi Technologies' recent 10% share price decline is justified due to overvaluation, despite a 120% rise over the last six months. The share price growth was …

seekingalpha.com

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Why SoFi Technologies Stock Dropped 10% On Earnings Monday

3 weeks from now

Apr 29, 2024  · Heading into the first quarter of 2024, analysts forecast SoFi would earn just $0.01 per share on $556 million in quarterly sales. In fact, profits were twice what were expected at …

fool.com

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SoFi Technologies Stock Fell Despite Outstanding Results. Is It A ...

3 weeks from now

Oct 30, 2024  · SoFi's member base is growing fast but credit quality hasn't slipped. It's improved. The bank's personal loan charge-off rate dropped to 3.52% in the third quarter from 3.84% in …

yahoo.com

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Why SoFi Is A Smart Buy Following The Federal Reserve's Rate …

3 weeks from now

3 days ago  · When SoFi reported earnings on January 27, investors were disappointed with the company's 2025 profitability guidance, and the stock dropped 10.27%. Data by YCharts

seekingalpha.com

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SoFi Dropped 12% Despite Beating Forecasts. Why Were Investors …

3 weeks from now

May 2, 2023  · SoFi Technologies, Inc. is poised to extend yesterday's decline, with the SOFI stock price off more than 3% in Tuesday's pre-market trading. Defying logic, the shares …

fintel.io

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SoFi Stock Drops 12% Despite “Best Year Ever” - ValueWalk

3 weeks from now

5 days ago  · While the revenue numbers were above consensus estimates, the projected earnings of 3 cents per share were below estimates of 6 cents per share. For the full year, …

valuewalk.com

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SoFi Plunged 10% Following Its Earnings. Here Are 3 Things …

3 weeks from now

May 3, 2024  · On Monday, SoFi (SOFI-0.61%) reported earnings, beating analysts' estimates and raising its annual earnings guidance. However, that didn't stop the stock from falling over 10% …

fool.com

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What's Happening With SOFI Stock? - Forbes

3 weeks from now

3 days ago  · Despite its recent fall, SOFI stock seems to be fully valued. At its current levels of $16, SOFI is trading at 6.6x trailing revenues, higher than the stock’s average P/S ratio of 5.2x …

forbes.com

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SoFi Technologies: Even Champions Take Rest Days

3 weeks from now

4 days ago  · SoFi reported GAAP EPS of $0.29 and adjusted EPS of $0.05 which beat consensus by $0.01. Make no mistake, on a traditional p/e basis, shares are rich, too. We also want to …

seekingalpha.com

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Why SoFi Technologies Stock Dropped 10% On Earnings Monday

3 weeks from now

Apr 29, 2024  · Heading into the first quarter of 2024, analysts forecast SoFi would earn just $0.01 per share on $556 million in quarterly sales. In fact, profits were twice what were expected at …

yahoo.com

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SoFi Dropped 12% Despite Beating Forecasts. Why Were Investors …

3 weeks from now

May 3, 2023  · SoFi Technologies, Inc. (NASDAQ:SOFI) is poised to extend yesterday's decline, with the SOFI stock price off more than 3%% in Tuesday's pre-market trading.

valuewalk.com

FAQs about SoFi Dropped 12% Despite Beating Forecasts. Why Were Investors … Coupon?

Did Sofi technologies (Sofi) stock take a hit?

The stock market had a fairly gloomy start to the new year on Thursday, but SoFi Technologies (NASDAQ: SOFI) shares really took a hit. The researcher behind the downgrade was Keefe, Bruyette & Woods's Timothy Switzer. ...

How much did Sofi earn?

Heading into earnings, analysts forecast the online bank would earn $0.04 per share on $632.3 million. In fact, SoFi reported a profit of $0.05 per share, and its revenue exceeded expectations, at $697.1 million. Start Your Mornings Smarter!Wake up with Breakfast news in your inbox every market day.Sign Up For Free » ...

How did Sofi (Sofi) perform after its first-quarter earnings announcement?

The fintech offered a mixed outlook following its first-quarter earnings announcement. On Monday, SoFi ( SOFI -0.43%) reported earnings, beating analysts' estimates and raising its annual earnings guidance. However, that didn't stop the stock from falling over 10% after its announcement. ...

Why did Sofi stock decline?

The news behind the decline was an analyst's recommendation downgrade. The researcher behind the downgrade was Keefe, Bruyette & Woods's Timothy Switzer. Well before market open, he changed his tag on SoFi stock to underperform (read: sell) from his previous market perform (hold). ...

How did Sofi perform compared to last year?

In financial services, SoFi saw strong net interest income growth, which doubled from last year to nearly $120 million. In comparison, its contribution profit of $37 million drastically improved from last year's $24 million segment loss. 2. SoFi continues to grow across key customer segments ...

Should you buy Sofi (Sofi) in 2024?

Management says 2024 revenue will grow 22% or 23%, with membership rising 30%. Earnings will mimic the trailing-12-month number of $0.12 per share -- but analysts see profits more than doubling to $0.25 per share next year. As strange as it sounds, paying 83 times earnings for a 100%-plus growth rate may actually make SoFi a cheap stock. ...

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