Reported 3 days ago
SoFi (SOFI) exceeded analysts' expectations for Q4 revenue and adjusted EPS but saw its stock decline about 8% following a release of disappointing guidance for Q1 and FY 2025. The stock drop is attributed to EPS guidance falling 7% below consensus, despite revenue guidance being 6% higher. Analysts remain optimistic about SoFi's long-term growth prospects, although near-term profitability may be affected by increased expenses.
Source: YAHOO