SoFi Technologies: Q2 Earnings Insights

SoFi Technologies (NASDAQ:SOFI) reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:10 PM. Here's what investors need to know about the announcement.

SoFi Technologies (NASDAQ:SOFI) reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:10 PM.

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

Earnings

SoFi Technologies beat estimated earnings by 7.69%, reporting an EPS of $-0.12 versus an estimate of $-0.13.

Revenue was up $118.88 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 4.57% increase in the share price the next day.

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

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.14 -0.17 -0.14
EPS Actual -0.14 -0.15 -0.05 -0.48
Revenue Estimate 286.36M 279.29M 255.63M 231.00M
Revenue Actual 321.73M 279.88M 277.19M 237.22M

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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