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SoFi Technologies (SOFI) Earnings Date, Estimates & Call Transcripts

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$16.88 +0.63 (+3.88%)
(As of 01:16 PM ET)

SoFi Technologies Latest Earnings Summary

Actual EPS
(Oct. 29)
$0.05 Beat By $0.01
Consensus EPS
(Oct. 29)
$0.04

SoFi Technologies posted Q3 2024 earnings on October 29, 2024, reporting an EPS of $0.05, which beat the consensus estimate of $0.04 by $0.01. Quarterly revenue rose 29.8% year-over-year to $697.10 million, above the consensus estimate of $631.59 million. With a trailing EPS of $0.10 and a P/E Ratio of 168.82, SoFi Technologies' earnings are expected to grow 141.67% next year, from $0.12 to $0.29 per share.

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SOFI Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

SOFI Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

SoFi Technologies Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20243$0.01$0.02$0.01 
Q2 20243$0.00$0.02$0.01 
Q3 20243$0.02$0.04$0.030.040 - 0.040
Q4 20243$0.03$0.05$0.04 
FY 202412$0.06$0.13$0.10 
Q1 20251$0.07$0.07$0.07 
Q2 20251$0.09$0.09$0.09 
Q3 20251$0.10$0.10$0.10 
Q4 20251$0.10$0.10$0.10 
FY 20254$0.36$0.36$0.36 
Q1 20261$0.11$0.11$0.11 
Q2 20261$0.11$0.11$0.11 
Q3 20261$0.11$0.11$0.11 

SoFi Technologies Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/29/2024Q3 2024$0.04$0.05+$0.01$0.05$631.59M$697.10M
7/30/2024Q2 2024$0.01$0.01-$0.01$565.19M$598.60M
4/29/2024Q1 2024$0.01$0.02+$0.01$0.02$555.27M$580.60M
1/29/2024Q4 2023-$0.02+$0.02$0.02$572.02M$615.40M
10/30/2023Q3 2023-$0.08-$0.03+$0.05$0.23$511.30M$564.20M
7/31/2023Q2 2023-$0.07-$0.06+$0.01-$0.06$473.94M$488.80M
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5/1/2023Q1 2023-$0.08-$0.05+$0.03-$0.05$436.78M$460.20M
1/30/2023Q4 2022-$0.09-$0.05+$0.04-$0.05$425.84M$443.40M

SoFi Technologies Earnings - Frequently Asked Questions

SoFi Technologies (NASDAQ:SOFI) last announced its quarterly earning data on Tuesday, October 29, 2024. Learn more on SOFI's earnings history.

SoFi Technologies issued an update on its FY24 earnings guidance on Tuesday, October, 29th. The company provided earnings per share (EPS) guidance of $0.11-0.12 for the period, compared to the consensus estimate of $0.10. The company issued revenue guidance of 2.54-2.55 billion, compared to the consensus revenue estimate of $2.46 billion.

In the previous quarter, SoFi Technologies (NASDAQ:SOFI) reported $0.05 earnings per share (EPS) to beat the analysts' consensus estimate of $0.04 by $0.01. Learn more on analysts' earnings estimate vs. SOFI's actual earnings.

The conference call for SoFi Technologies's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for SoFi Technologies's latest earnings report can be read online.
Read Transcript

SoFi Technologies (NASDAQ:SOFI) has a recorded annual revenue of $2.48 billion.

SoFi Technologies (NASDAQ:SOFI) has a recorded net income of -$300.74 million. SOFI has generated $0.10 earnings per share over the last four quarters.

SoFi Technologies (NASDAQ:SOFI) has a trailing price-to-earnings ratio of 166.12 and a forward price-to-earnings ratio of 138.42. The price/earnings-to-growth ratio is 2.65.

SoFi Technologies's earnings are expected to grow from $0.12 per share to $0.29 per share in the next year, which is a 141.67% increase.

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This page (NASDAQ:SOFI) was last updated on 12/16/2024 by MarketBeat.com Staff
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