SOFI - What's Going On With SoFi Stock Ahead Of Earnings? | Benzinga
SoFi Technologies, Inc. (NASDAQ:SOFI) shares are trading higher Friday, and the stock is up by more than 10% over the past five days. Here's a look at what's going on.
What To Know:
Shares of student loan-related companies fell last week after President Biden announced plans to cancel another $7.4 billion in student debt. To date, the Biden administration has erased approximately $153 billion in student loans, amounting to more than 9% of all outstanding federal student loan debt.
SoFi is set to report its first-quarter financial results before the market open on Monday, April 29 and will host a conference call at 8:00 a.m. ET the same day. According to estimates from Benzinga Pro, analysts expect the company to report earnings of 1 cent per share and quarterly revenue of $555.997 million.
SoFi has recovered some losses ...