SoFi Techs Q2 EPS $(0.06) Beats $(0.07) Estimate, Sales $489.00M Beat $474.60M Estimate
Portfolio Pulse from Bill Haddad
SoFi Techs reported Q2 earnings per share (EPS) of $(0.06), beating the analyst consensus estimate of $(0.07) by 14.29%. This is a 50% increase over losses from the same period last year. The company also reported quarterly sales of $489.00 million, beating the analyst consensus estimate of $474.60 million by 3.03%. This is a 37.32% increase over sales from the same period last year.
July 31, 2023 | 11:00 am
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POSITIVE IMPACT
SoFi Techs reported better than expected Q2 earnings and sales, which could positively impact the stock price.
SoFi Techs reported better than expected Q2 earnings and sales. This positive financial performance could increase investor confidence and demand for the stock, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100