SoFi Technologies (NASDAQ:SOFI – Get Free Report) will be posting its quarterly earnings results before the market opens on Tuesday, October 29th. Analysts expect SoFi Technologies to post earnings of $0.04 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
SoFi Technologies (NASDAQ:SOFI – Get Free Report) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01. The business had revenue of $598.60 million during the quarter, compared to the consensus estimate of $565.19 million. SoFi Technologies had a positive return on equity of 2.25% and a negative net margin of 5.15%. SoFi Technologies’s revenue for the quarter was up 20.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.06) earnings per share. On average, analysts expect SoFi Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
SoFi Technologies Trading Up 0.5 %
Shares of SoFi Technologies stock opened at $10.99 on Friday. The company has a quick ratio of 0.21, a current ratio of 0.88 and a debt-to-equity ratio of 0.53. SoFi Technologies has a 12-month low of $6.01 and a 12-month high of $11.34. The company has a market capitalization of $11.62 billion, a price-to-earnings ratio of -35.45, a PEG ratio of 2.08 and a beta of 1.70. The firm’s 50-day moving average price is $8.31 and its two-hundred day moving average price is $7.43.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on SoFi Technologies
Insider Buying and Selling at SoFi Technologies
In related news, EVP Kelli Keough sold 9,308 shares of the firm’s stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $10.36, for a total value of $96,430.88. Following the completion of the transaction, the executive vice president now owns 152,203 shares in the company, valued at $1,576,823.08. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, EVP Kelli Keough sold 9,308 shares of the stock in a transaction on Monday, October 21st. The stock was sold at an average price of $10.36, for a total value of $96,430.88. Following the completion of the sale, the executive vice president now directly owns 152,203 shares in the company, valued at $1,576,823.08. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Jeremy Rishel sold 68,081 shares of the firm’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of $8.12, for a total value of $552,817.72. Following the transaction, the chief technology officer now directly owns 521,505 shares of the company’s stock, valued at approximately $4,234,620.60. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 111,636 shares of company stock worth $904,677. 2.60% of the stock is currently owned by insiders.
SoFi Technologies Company Profile
SoFi Technologies, Inc provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.
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