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Benzinga

Business

Henry Khederian

SoFi Stock Slips Ahead Of Q2 Earnings As Investors Eye Student Loan Impact

SOFI SoFi Technologies SoFi Technologies Inc fintech

San,Francisco,,Ca,,Usa,-,May,1,,2022:,Sofi,Logo

Shares of SoFi Technologies Inc (NASDAQ:SOFI) are trading slightly lower Monday afternoon as the market awaits the fintech company’s second-quarter financial results, scheduled for release before the opening bell on Tuesday. Here’s what investors need to know.

What To Know: Investors will be watching to see if the company meets or exceeds consensus Wall Street estimates, which project an EPS of 6 cents on quarterly revenue of $801.49 million. The report comes after a period of significant momentum for the stock, which has seen returns of over 180% in the past year.

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