SoFi Technologies, Inc. (SOFI) Q4 Earnings and Revenues Top Estimates

Core Insights - SoFi Technologies, Inc. (SOFI) reported quarterly earnings of $0.05 per share, exceeding the Zacks Consensus Estimate of $0.04 per share, and showing an increase from $0.02 per share a year ago, resulting in a 25% earnings surprise [1][2] - The company achieved revenues of $739.11 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 8.80% and up from $594.25 million year-over-year [2] - SoFi Technologies has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.06 on revenues of $688.89 million, and for the current fiscal year, it is $0.30 on revenues of $2.97 billion [7] - The estimate revisions trend for SoFi Technologies is favorable, leading to a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Market Performance - SoFi Technologies shares have increased approximately 16.4% since the beginning of the year, significantly outperforming the S&P 500's gain of 3.7% [3] - The outlook for the Financial - Miscellaneous Services industry, to which SoFi belongs, is currently in the top 37% of over 250 Zacks industries, suggesting a positive environment for the stock [8]