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Barchart
Sneha Nahata

What to Expect from SoFi’s Q3 Earnings

SOFI LPB

SoFi Technologies (SOFI) will report its Q3 earnings on October 27. Despite SoFi’s solid growth over the past several quarters, its stock has struggled this year, down about 45% year-to-date.

One factor weighing on investor sentiment is the growing contribution of SoFi’s lending business in its overall revenue mix. This trend is unlikely to reverse in the third quarter, potentially keeping concerns about the company’s reliance on lending in focus.

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