SoFi Technologies (SOFI) Shares Surge 20% Following Q4 Results
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SoFi Technologies (SOFI) Tops Q4 EPS by 2c, Offers Guidance
March 1, 2022 4:13 PM ESTSoFi Technologies (NASDAQ: SOFI) reported Q4 EPS of ($0.15), $0.02 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $286 million versus the consensus estimate of $280.44 million.
GUIDANCE:
SoFi Technologies sees FY2022 revenue of $1.57 billion, versus the consensus of $1.45 billion.
Guidance and Outlook
For note, management expects the incremental net interest income revenue from SoFi Bank to only contribute nominally to first quarter 2022 results, and prior to fully originating loans in SoFi Bank, which is currently expected in May 2022. When SoFi began operating SoFi Bank... More
