SoFi Leads Personal Loan Stocks in Strong Q2 Earnings

Yahoo Finance··US·Read original
2▲1 ▼2Impact / 5
Summary · why it matters

SoFi Technologies reported second-quarter revenue of $1.21 billion, up 40.5% year over year and beating analyst expectations by 7.1%, making it the best performer among seven personal loan stocks tracked. The group as a whole exceeded consensus revenue estimates by 4.2%, with shares up 1.9% on average since reporting. Sezzle posted the biggest estimate beat with revenue of $149.7 million, up 51.7% year over year, but its stock fell 27.3% after results. OneMain Holdings, the weakest performer, reported revenue of $1.29 billion, up 6.9% year over year, while Happen Bank and FirstCash also beat or met expectations.

Impact on assets 5

Digital Finance & Tokenization± Mixed · 3 stocks
Sezzle Inc.
SEZL
▼ NegativeCapitalrelevance

Beat estimates but stock fell 27.3% after results.

Financials▼ · 2 stocks
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