SoFi Technologies Q3 Earnings: Revenue Beat, EPS Beat, Raised Guidance Following 'Strongest Quarter' Ever
Portfolio Pulse from Adam Eckert
SoFi Technologies reported strong Q3 earnings, beating revenue and EPS estimates, and raised its full-year guidance. Despite initial gains, shares fell 2.77%.
October 29, 2024 | 1:23 pm
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SoFi Technologies reported a strong Q3 with revenue and EPS beats, and raised its full-year guidance. Despite positive results, shares fell 2.77%.
SoFi's Q3 results exceeded expectations with significant revenue growth and EPS beat. The company also raised its full-year guidance, indicating strong future performance. However, the stock price fell 2.77%, possibly due to profit-taking or market conditions. The positive earnings and guidance suggest a likely upward trend in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100