SoFi Technologies Inc expected to post breakeven results a share - Earnings Preview

Reuters01-26

* SoFi Technologies Inc is expected to show a rise in quarterly revenue when it reports results on January 29 for the period ending December 31 2023

* The San Francisco California-based company is expected to report a 28.9% increase in revenue to $571.703 million from $443.42 million a year ago, according to the mean estimate from 14 analysts, based on LSEG data. (Sales/Revenue Majority Basis is on Adjusted Net Revenue)

* ​LSEG's mean analyst estimate for SoFi Technologies Inc is for breakeven results per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 12 "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 $9.25​, above​ its last closing price of $7.65. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Sep. 30 2023 -0.07 -0.07 -0.03 Beat 57.7

Jun. 30 2023 -0.06 -0.06 -0.06 Met 1.1

Mar. 31 2023 -0.07 -0.07 -0.05 Beat 28.2​

Dec. 31 2022 -0.09 -0.09 -0.05 Beat 46.8

​​Sep. -0.10 -0.10 -0.09 Beat 12.6

30 2022

Jun. 30 2022 -0.13 -0.13 -0.12 Beat 10.7​

Mar. 31 2022 -0.15 -0.15 -0.14 Beat 4.5

Dec. 31 2021 -0.16 -0.16 -0.15 Beat 6.4

This summary was machine generated January 26 at 12:02 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)

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  • mars_venus
    01-26
    mars_venus
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