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SoFi Technologies, Inc. (SOFI - Free Report) is scheduled to report its third-quarter 2023 results on Oct 30, before market open.
The company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate in all four trailing quarters, delivering an earnings surprise of 26.6% on average.
Expectations This Time Around
The Zacks Consensus Estimate for SoFi’s revenues in the to-be-reported quarter is pegged at $516.2 million, indicating a 21.8% year-over-year increase. The growth in lending and financial services performance, coupled with the reinforcement of the tech platform, is likely to have contributed to the positive impact on the company's top line.
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