SoFi Techs Q3 Adj EPS $(0.03) Beats $(0.07) Estimate, Sales $530.72M Beat $512.47M Estimate
Portfolio Pulse from Benzinga Newsdesk
SoFi Techs reported Q3 adjusted EPS of $(0.03), beating the estimate of $(0.07) by 57.14%. This is a 66.67% increase over the same period last year. The company also reported quarterly sales of $530.72M, beating the estimate of $512.47M by 3.56%, a 26.59% increase YoY.
October 30, 2023 | 11:02 am
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POSITIVE IMPACT
SoFi Techs reported better than expected Q3 results, with both EPS and sales beating estimates. This could potentially lead to a positive market reaction.
SoFi Techs reported Q3 results that beat analyst estimates on both EPS and sales, showing significant YoY growth. This positive financial performance could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100