SoFi Sees Q3 2024 Adj. Net Revenue $625M-$645M Vs $610.9M Estimate
Portfolio Pulse from Benzinga Newsdesk
SoFi Technologies, Inc. has projected its Q3 2024 adjusted net revenue to be between $625 million and $645 million, surpassing the estimated $610.9 million.

July 30, 2024 | 11:07 am
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SoFi Technologies, Inc. has projected its Q3 2024 adjusted net revenue to be between $625 million and $645 million, surpassing the estimated $610.9 million. This positive outlook is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The projected revenue range for Q3 2024 is significantly higher than the market estimate, indicating strong business performance. This is likely to positively impact investor sentiment and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100