SoFi Technologies (NASDAQ:SOFI) shares fell 15.01% in premarket trading Monday, dropping $2.69 to $15.23 as of 08:20:03 ET, after the company's Q1 and 2025 earnings guidance missed Wall Street estimates, despite reporting a Q4 beat when adjusted for non-recurring items.
For 2025, SoFi projects GAAP EPS of $0.25-$0.27 (midpoint $0.26, below the $0.29 consensus) and adjusted net revenue of $3.20B-$3.275B (vs. $3.05B expected). Adjusted EBITDA is expected to rise to $845M-$865M, trailing the Visible Alpha consensus of $913.5M. For Q1, the company forecasts GAAP EPS of $0.03, below the $0.06 consensus, while adjusted net revenue of $725M-$745M surpasses the $707.5M estimate.
Despite the weak outlook, CEO Anthony Noto highlighted SoFi's first full year of GAAP profitability, with Q4 GAAP EPS of $0.29 rising from $0.05 in Q3. SoFi's Q4 adjusted net revenue of $739.1M topped estimates, fueled by loan origination growth, including a 63% jump in personal loans and 71% rise in student loans.
This article first appeared on GuruFocus.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.