SoFi Technologies, Inc. (NASDAQ:SOFI) Q4 2024 Earnings Conference Call January 27, 2025 8:00 AM ET Company Participants Anthony Noto - CEO Chris Lapointe - CFO Conference Call Participants Kyle Peterson - Needham and Co. Dan Dolev - Mizuho Terry Ma - Barclays John Hecht - Jefferies Mihir Bhatia - Bank of America Reggie Smith - JPMorgan Andrew Jeffrey - William Blair Jeff Adelson - Morgan Stanley Operator Good morning or good afternoon all. My name is Adam, and I will be your conference operator today. At th ...

Earnings season can be overwhelming for investors trying to stay on top of the day-to-day news flurry. For the next few weeks, we are going to highlight a few notable post-earnings reactions each day. Today’s movers include AT&T Inc (NYSE:T) and SoFi Technologies Inc (NASDAQ:SOFI).T Looks to Extend Win StreakAT&T beat fourth-quarter earnings and revenue expectations due to strong Fiber net adds and postpaid phone subscribers. The telecommunications giant also reiterated its 2025 earnings forecast. T is 6.3 ...

In this video, I will be going over SoFi Technologies' (SOFI -9.54%) fourth-quarter earnings report and key comments made by management during the earnings call. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Jan. 24, 2025. The video was published on Jan. 27, 2025. ...

SoFi Technologies’ drive toward cementing its financial services ecosystem status continues — with gains across consumer-focused lending and direct deposits. The data also showed notable momentum in its tech platform, which is geared toward linking banks and FinTechs to various digital banking services.Within the supplementals offered up in tandem with SoFi’s fourth-quarter results on Monday (Jan. 27), the financials show that technology platform accounts were up 15% year on year to 168 million. The technol ...

Fintech leader SoFi (SOFI -9.31%) plunged on Monday morning, despite reporting better-than-expected earnings for the fourth quarter. As of 10 a.m. ET, SoFi's stock was down by about 10% for the day in volatile trading.The headline numbers look incredibly strong, with the company handily beating expectations on both the top and bottom lines. And if we look a little deeper, there's not much to be upset about.SoFi's strong fourth quarterLooking beyond the headlines, there's a lot to like about SoFi's fourth-qu ...

Earnings and Revenue Performance - SoFi Technologies reported Q4 EPS of $0.29, exceeding Visible Alpha forecasts [2] - Q4 revenue increased 19% YoY to $734 million, surpassing expectations [2] - Financial Services unit revenue surged 84% to $256.5 million [2] - Technology Platform division revenue grew 6% to $102.8 million [2] - Lending segment revenue increased 18% to $417.8 million [2] Guidance and Market Reaction - SoFi Technologies provided lower-than-expected guidance for Q1 2025 EPS of $0.03 and full-year EPS between $0.25 and $0.27 [1] - Analysts had expected Q1 EPS of $0.05 and full-year EPS of $0.28 [1] - Shares plunged 10% following the guidance announcement [1] Business Segment Performance - Financial Services and Tech Platform segments accounted for a record 49% of company revenue [3] - Product offerings expanded by 34% in the Financial Services unit [2] - Lending segment origination revenue increased 66% [2] Company Outlook and Stock Performance - CEO Anthony Noto declared 2024 as "SoFi's best year ever" [3][4] - Shares reached their highest level since fall 2021 last week [3] - Despite the recent drop, shares have more than doubled in value over the past year [3]

SoFi Technologies, Inc. (SOFI) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.05, delivering a surprise of 25%.Over the last four quarters, the compan ...

SoFi Technologies Reports Net Revenue of $734 Million and Net Income of $332 Million for Q4 2024, Demonstrating Durable Growth and Strong Returns Record Adjusted Net Revenue Grew 24% Driven by 52% Combined Growth in Financial Services and Tech Platform Segments, Representing 49% of Total Adjusted Net Revenue 34% Growth in Members and 32% Growth in Products in 2024 Remain Key Drivers of Growth Record Fee Based Revenue of $289 Million increased 63%, Reinforcing Strength of Increased Mix of Higher ROE Revenue ...

ARK Invest's Position in SoFi Technologies - ARK Invest's ETFs are highly concentrated, with SoFi Technologies being the sixth-largest holding in the ARK Fintech Innovation ETF (ARKF), making up 5% of the fund's total assets [1] - SoFi stock is also present in the ARK Innovation ETF (ARKK) with a value of approximately $95 million [2] - SoFi's app is the exclusive distribution partner for the ARK Venture Fund (ARKVX), providing exposure to pre-IPO companies like SpaceX and OpenAI [2] SoFi's Recent Performance and Growth - SoFi's stock has surged by more than 140% over the past six months, reaching a new 52-week high [3] - The company's membership base grew by 756,000 in the third quarter, marking its highest one-quarter new member additions ever [7] - Revenue grew by 30% year over year, with net income reaching $214 million compared to a $301 million net loss a year prior [7] SoFi's Personal Loan Business - SoFi's personal loans have seen a surge in demand, with PGIM Fixed Income investing $350 million and closing another $525 million securitization agreement [4] - PGIM, managing $860 billion in assets, considers SoFi's personal loans an "attractive investment opportunity" [4] - SoFi is rapidly expanding its capabilities as a third-party loan origination platform, generating capital-light fee income [4] Interest Rates and Regulatory Environment - SoFi could benefit from lower interest rates, which would reduce deposit costs and increase loan demand [5] - The Trump administration's policies favoring looser bank regulations and lower corporate taxes could also benefit SoFi [6] SoFi's Loan Performance and Banking Platform - SoFi's more recent loans are performing better than older vintages [8] - The company's banking platform continues to attract customer deposits at an impressive pace [8] Investment Perspective on SoFi - Despite the stock's significant price increase, the growth and profitability of SoFi justify the valuation [9] - The company's core personal loan business is gaining serious interest from the asset management industry [9]

SoFi Technologies Inc SOFI will be reporting its fourth-quarter earnings on Monday. Wall Street expects four cents in EPS and $674.13 million in revenues as the company reports before market hours.The stock is up 140.94% over the past year, 28.91% YTD.Let’s look at what the charts indicate for SoFi stock and how the stock maps against Wall Street estimates.Read Also: Biden Announces More Student Loan Forgiveness, Bringing Debt Relief To Nearly 5 Million BorrowersSoFi Stock Strong Bullish Ahead Of Q4 Earning ...