Recap: SoFi Technologies Q3 Earnings

SoFi Technologies SOFI reported its Q3 earnings results on Tuesday, November 1, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

SoFi Technologies beat estimated earnings by 10.0%, reporting an EPS of $-0.09 versus an estimate of $-0.1.

Revenue was up $142.07 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 28.39% increase in the share price the next day.

Here's a look at SoFi Technologies's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.13 -0.14 -0.17 -0.14
EPS Actual -0.12 -0.14 -0.15 -0.05
Revenue Estimate 346.48M 286.36M 279.29M 255.63M
Revenue Actual 356.09M 321.73M 279.88M 277.19M

To track all earnings releases for SoFi Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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