Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Sneha Nahata

1 Metric That Could Determine Whether SoFi Stock Rallies or Sinks After Q2 Earnings

SOFI LPB

SoFi (SOFI) will report its second-quarter earnings on Wednesday, July 29, and while the company could deliver another quarter of healthy revenue and earnings growth, one metric could have a significant impact on the stock.

A key focus area will be SoFi's non-lending business revenue, given its growing importance to the company's long-term investment thesis. Strong growth in its fee-based, capital-light businesses helps diversify revenue beyond lending, reduces credit risk, and supports a higher valuation.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
William Shatner 'auctioned off kidney stone' for affordable housing charity
William Shatner has recalled a time he sold his kidney stone to a gambling company to help raise money for charity.
BANG Premier
BANG Premier
Oregon woman claims Acme is tinting salmon packaging to trick customers. She peels the plastic off the fish and shows exactly what is underneath
What you see isn't what you get.
We Got This Covered
We Got This Covered
Hayley Williams Urges Fans to Vote in November After Calling MAGA Supporters 'Pieces of Sh*t' on Stage
Hayley Williams urged fans to vote in November during a New Orleans concert before directing profane criticism at MAGA and referencing the Ku Klux Klan.
International Business Times UK
International Business Times UK
Reading alone, together is all the rage at book doofs and reading parties. What makes it social?
It’s called a doof, but it’s actually all about quiet reading. There are beanbags, some chairs and a few shared tables, where readers sit (or lie) down and read their separate books. Maybe some music playing in the background. Book Doof’s founder calls it a social experience. But can people…
The Conversation
The Conversation
‘This is not my camera’: Woman trusts camera repair shop in LA with family heirloom but the camera they return sets alarm bells ringing
She just wants her grandmother's camera back.
We Got This Covered
We Got This Covered
“Not The Lip Filler”: Christina Aguilera’s Makes Bold Fashion Move In Latest Public Appearance
Christina Aguilera’s latest public appearance has fans dissecting everything from her lips to her facial features after she stepped out in a daring, lingerie-inspired look.
Bored Panda
Bored Panda
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play