What SoFi's earnings reveal about the state of loans: CEO

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 19 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Anthony Noto News

Unsecured Personal Loans,Student Loans

Shares of SoFi (SOFI) are dropping as the company reported its first quarter earnings. The results included revenue of $645 million, a 37% increase year-over...

) are dropping as the company reported its first quarter earnings. The results included revenue of $645 million, a 37% increase year-over-year, beating estimates of $556 million. However, the results were overshadowed by SoFi's adjustment to second quarter revenue: between $555 million and $565 million, well below analyst expectations of $590 million.

TELUS Corporation is largely controlled by institutional shareholders who own 54% of the companyThe EV maker's CEO met with Chinese Premier Li Qiang over the weekend and won approval to unlock self-driving features. Ryanair’s Michael O’Leary, who is up for a $108 million bonus, doesn’t see high CEO pay as a problem: ‘Footballers are getting half a million a week’

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investment Firm Initiates Coverage on SOFI with Buy RatingNeedham, an investment firm, has initiated coverage on SOFI with a buy rating and set a price target of $10 per share. The analyst believes that SOFI is a long-term winner in the lending platform industry.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Global strife is boosting Cargojet's freight business, CEO saysArmed conflict in Ukraine and the Red Sea has ramped up freight shipments for Cargojet Inc., as global discord pushes companies to seek alternate transit routes.
Source: SooToday - 🏆 8. / 85 Read more »

Global strife is boosting Cargojet's freight business, CEO saysArmed conflict in Ukraine and the Red Sea has ramped up freight shipments for Cargojet Inc., as global discord pushes companies to seek alternate transit routes.
Source: BNNBloomberg - 🏆 83. / 50 Read more »