SoFi Technologies Q1 Earnings Preview: Why The Stock Is A Buy [Seeking Alpha]
SoFi Technologies, Inc. (SOFI)
Company Research
Source: Seeking Alpha
The company has experienced impressive growth in Q4 2023, with a significant increase in income from loans and securitization. SoFi's growing customer base and expanding technological offerings contribute to its revenue acceleration and projected profitability. My calculations say we may be looking at GAAP EPS of ~$1.9 (or $0.2 rounded) for Q1 - nearly double the consensus estimate. Given the sizable number of shares sold short, the potential earnings beat I'm looking forward to provides a prime opportunity for substantial stock growth within hours of the report's release. What to expect from SoFi Technologies' Q1 Earnings I initiated coverage of SoFi Technologies, Inc. NASDAQ: SOFI ) in February of this year , but since then, the stock has significantly underperformed the broader market - in Recommended For You
Show less
Read more
Impact Snapshot
Event Time:
SOFI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SOFI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SOFI alerts
High impacting SoFi Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
SOFI
News
- Where Will SoFi Stock Be in 1 Year? [Yahoo! Finance]Yahoo! Finance
- SoFi Technologies: Sell-Off After Double Beat, Guidance Hike, Another Opportunity [Seeking Alpha]Seeking Alpha
- SoFi Plunged 10% Following Its Earnings. Here Are 3 Things Investors Need to Know. [Yahoo! Finance]Yahoo! Finance
- SoFi Technologies, Inc. (NASDAQ:SOFI) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- SoFi Technologies Q1 Results: A Golden Opportunity [Seeking Alpha]Seeking Alpha
SOFI
Earnings
- 4/29/24 - Beat
SOFI
Sec Filings
- 5/7/24 - Form 10-Q
- 5/6/24 - Form 4
- 4/29/24 - Form 8-K
- SOFI's page on the SEC website