SoFi Technologies Inc Ordinary Shares
SOFI: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.!V | LOCK|j!!^ | LOCK|F#<$^rX |
SoFi Earnings: Technology Platform and Loan Platform Disappointments Pressure SoFi's Shares
SoFi reported strong revenue and earnings growth in the first quarter, but reading deeper into results, there were things to dislike. Net revenue increased 43% from last year, and diluted earnings per share increased to $0.12 from $0.06. The results translate to a return on tangible equity of 7.6%.
