SoFi Stock Underperforms as Earnings Approach Despite Strong Growth Forecast
• SoFi Technologies (SOFI) stock declined 1.34% despite modest market losses, underperforming indices • SOFI stock is down 6.73% over the past month, lagging sector and market • Upcoming SOFI earnings expected to show strong growth - EPS of $0.01 and revenue of $572.65 million • Positive estimate revisions suggest favorable near-term business outlook • SOFI trades at premium Forward P/E of 100.48 vs industry average of 25.78