The company said, “Looking beyond 2024 management expects 20% to 25% compound revenue growth for the time periods of 2023 through 2026, assuming no meaningful changes in the macroeconomic environment and no significant new business launches or acquisitions. This implies 50% compound growth for Financial Services revenue, mid-20% compound growth for Technology Platform revenue, and mid teens compound growth for Lending segment revenue. This is expected to drive between $0.55 and $0.80 in GAAP earnings per share in 2026. Moreover, we see 20% to 25% EPS growth beyond 2026 reflecting both the continued growth of the core business growth plus the added benefit from new business lines launched in the 2024 to 2026 time period.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on SOFI:
- Options Volatility and Implied Earnings Moves Today, January 29, 2024
- SoFi Stock: All Eyes on Earnings Today — Here’s What J.P. Morgan Expects
- SOFI Upcoming Earnings Report: What to Expect?
- Notable open interest changes for January 26th
- JPMorgan placed SoFi on ‘Negative Catalyst Watch’ into earnings