Why Shares of SoFi Rebounded Today
SoFi Technologies(SOFI) The Motley Fool·2024-10-31 05:25
Shares of SoFi fell yesterday after the company reported earnings. Shares of SoFi Technologies (SOFI 7.16%) rose nearly 8% in the final half-hour of trading. Shares fell yesterday after the company reported its third-quarter earnings report. SoFi reported $0.05 of diluted earnings per share on revenue of more than $697 million, beating analyst estimates for both metrics. Are investors confused? SoFi also raised guidance for the full year of 2024, projecting adjusted-net revenue in the range of $2.535 billio ...