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-0.000692100170906387 -0.000692100170906387 0.00213279848585437 0.000720349157473928 0.00213279848585437 -0.000692100170906387 0.00282489865676075 -0.000692100170906387
Stock impact report

SoFi Stock Is Dropping After Earnings. ‘A Transitional Year' Lies Ahead. [Yahoo! Finance]

SoFi Technologies, Inc. (SOFI) 
Company Research Source: Yahoo! Finance
For its second quarter, SoFi sees adjusted net revenue of $555 million to $565 million; analysts had penciled in $581 million. It also forecast earnings per share of 8 cents to 9 cents, above previous guidance for 7 cents to 8 cents. Advertisement Advertisement Advertisement Advertisement Recommended Stories SoFi Technologies posted better-than-expected revenue and income for last quarter, fueled largely by its financial-services and technology platform segments. Its shares nevertheless declined about 10% in early trading after the digital financial-services provider issued a second-quarter forecast that missed analysts' expectations. Tech stocks are rising to start a busy week of earnings as the sector looks to end a difficult month in style. China tentatively approves Tesla's plan to launch ‘Full Self-Driving' software in the country, Alphabet shares fall after the parent company of Google closed Friday with a market cap of more than $2 trillion, SoFi reports its sec Show less Read more
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