* SoFi Technologies Inc is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2024
* The San Francisco California-based company is expected to report a 15.4% increase in revenue to $563.908 million from $488.82 million a year ago, according to the mean estimate from 12 analysts, based on LSEG data.The company's guidance on April 29 2024, for the period ended June 30, was for revenue between $555.00 million and $565.00 million. (Sales/Revenue Majority Basis is on Adjusted Net Revenue)
* LSEG's mean analyst estimate for SoFi Technologies Inc is for earnings of 1 cent per share.
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 10 "hold" and 3 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for SoFi Technologies Inc is $8.50, above its last closing price of $7.27.
The company's guidance on April 29 2024 for the period ended June 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD555 million and USD125 million. Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.02 0.01 0.02 Beat 80.6
Dec. 31 2024 0.00 0.00 0.02 Beat 385.4
Jan. 1 0001 -0.07 -0.07 -0.03 Beat 57.7
Jun. 30 2023 -0.06 -0.06 -0.06 Met 1.1
Mar. -0.07 -0.07 -0.05 Beat 28.2
31 2023
Dec. 31 2022 -0.09 -0.09 -0.05 Beat 46.8
Sep. 30 2022 -0.10 -0.10 -0.09 Beat 12.6
Jun. 30 2022 -0.13 -0.13 -0.12 Beat 10.7
This summary was machine generated July 26 at 13:20 GMT. 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)
