SoFi Technologies (NASDAQ: SOFI) has set the date for the release of its third quarter financial results on Tuesday 29th October 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.
According to financial analysts on Wall Street, the establishment is likely to announce an estimated per share $0.04 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $632.33 million during this period.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $2.45 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $0.11 during the fiscal year.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of loss of $0.03. This was credited to the company's total revenue, which reached an impressive $530.72 million in that particular timeframe.
SOFI will host a conference call with investment community on 29th October 2024 at 08:00 AM eastern time to discuss the financial results.
SoFi Technologies (SOFI) experienced a trading range of $10.89 to $11.34, along with a total volume of 58.33 million shares during the day. The stock concluded Friday's regular trading session at $10.99, reflecting an increase of 0.55 percent.
