SoFi Technologies Stock Sinks on Soft Guidance

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]