SoFi Technologies

2022-05-11

SoFi Technologies Inc. topped expectations with its latest results Tuesday but delivered a mixed forecast in an earnings report that came out several hours before it was officially expected.

SoFi (SOFI) reported its results shortly before 1:30 p.m. ET on Tuesday, after its stock had been halted for more than two hours. Reports indicated that the results had mistakenly gone up early, prior to the halt.

The financial services and loans company posted a net loss of $110.4 million, or 14 cents a share, compared with a loss of $177.6 million, or $1.61 a share, in the year-prior period. Analysts tracked by FactSet were expecting 13 cents a share in net earnings.

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Comments

moonzo
2022-05-11
moonzo
Performance is better than before, so go for it next.
tinkie
2022-05-11
tinkie
Let's hope this company keeps up the good work.
ac1887
2022-05-11
ac1887
Wow. That's great
zingzy
2022-05-11
zingzy
Exceeded expectations and still performed well.
xiaobaii
2022-05-11
xiaobaii
like & comment please
surfer guy
2022-05-11
surfer guy
Interesting turn of events

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Analysts tracked by FactSet were expecting 13 cents a share in net earnings.</body></html>","text":"SoFi Technologies Inc. topped expectations with its latest results Tuesday but delivered a mixed forecast in an earnings report that came out several hours before it was officially expected. SoFi (SOFI) reported its results shortly before 1:30 p.m. ET on Tuesday, after its stock had been halted for more than two hours. Reports indicated that the results had mistakenly gone up early, prior to the halt. The financial services and loans company posted a net loss of $110.4 million, or 14 cents a share, compared with a loss of $177.6 million, or $1.61 a share, in the year-prior period. 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