SoFi Technologies stock slides after full-year guidance boost underwhelms

seekingalpha2023-05-02

SoFi Technologies (NASDAQ:SOFI) stock dropped 9.1% in Monday midday trading after the fintech bank issued full-year guidance indicating some metrics could trail Wall Street expectations. The company, ...

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CHANWAWA
2023-05-02
CHANWAWA
Good stock should go higher, ppl just sentiment

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The company, ...</p>\n\n<a href=\"https://seekingalpha.com/news/3962694-sofi-technologies-stock-slides-after-full-year-guidance-boost-underwhelms\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4535","symbol_name":"淡马锡持仓","start_time":0,"source_url":"https://seekingalpha.com/news/3962694-sofi-technologies-stock-slides-after-full-year-guidance-boost-underwhelms","article_id":"2332677969","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1372185836/image_1372185836.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2332677969","pubTimestamp":1682958032,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"SoFi Technologies (NASDAQ:SOFI) stock dropped 9.1% in Monday midday trading after the fintech bank i","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4535":"淡马锡持仓","BK4551":"寇图资本持仓","BK4166":"消费信贷","SOFI":"SoFi Technologies Inc.","BK4549":"软银资本持仓"},"translate_title":"SoFi Technologies的股票在全年指引推动下跌后下滑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SOFI":1},"content_text":"SoFi Technologies (NASDAQ:SOFI) stock dropped 9.1% in Monday midday trading after the fintech bank issued full-year guidance indicating some metrics could trail Wall Street expectations. The company, known for refinancing student loans, now expects 2023 adjusted net revenue of $1.955B-$2.02B vs. $1.97B consensus and up from its prior range of $1.925B-$2.0B. That indicates that at its worst, SOFI's annual revenue could still fall below the average analyst estimate. The company also increased its outlook for adjusted EBITDA to $268M-$288M, up from its prior guidance of $260M-$280M, and bracketing the Visible Alpha consensus of $271.3M. Management expects to reach quarterly GAAP net income profitability by Q4 2023 with GAAP net income incremental margins for the full year of 20%, both unchanged from prior guidance. For Q2 2023, SoFi (SOFI) expects adjusted net revenue of $470M-$480M vs. $463.8M consensus and adjusted EBITDA of $50M-$60M, higher than the Visible Alpha $45.8M consensus. With the strong Q2 guidance and Q1 revenue and earnings exceeding the consensus, investors may be disappointed that the lender didn't increase the full-year guidance more. 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Earlier, SoFi Technologies (SOFI) Q1 earnings beat estimates on higher segment revenue; company boosts FY23 outlook More on SoFi:  SoFi Technologies Has to Be Better Q1 Earnings: Beat, Raise, and Rise Improving, But I'm Staying Clear","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9947856029,"gmtCreate":1682963076062,"gmtModify":1682963079882,"author":{"id":"3574224378611015","authorId":"3574224378611015","name":"CHANWAWA","avatar":"https://static.tigerbbs.com/8a55a318d57589da339802c94a970399","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3574224378611015","idStr":"3574224378611015"},"htmlText":"Good stock should go higher, ppl just sentiment&nbsp;","listText":"Good stock should go higher, ppl just sentiment&nbsp;","text":"Good stock should go higher, ppl just sentiment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947856029","repostId":2332677969,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2332677969"}