财务数据和关键指标变化 - 第四季度收入为1.4亿美元,环比增长4% [70][72] - 全年收入为5.14亿美元,同比下降39% [77] - 第四季度贡献率为63%,同比提升10个百分点 [74] - 全年贡献率为63%,同比提升14个百分点 [77] - 第四季度调整后EBITDA为正1百万美元 [76] - 全年调整后EBITDA为负17百万美元,EBITDA率为负3% [77] 各条业务线数据和关键指标变化 - 第四季度贷款交易量约12.9万笔,环比增长12% [72] - 第四季度平均贷款金额1万美元,同比持平,环比下降9% [72] - 第四季度自动化贷款占比达89%,创历史新高 [26][29] - 自动化贷款转化率为92%,手动贷款仅27% [29] 各个市场数据和关键指标变化 - 汽车贷款业务受高利率和车价上涨影响,业务量持续下降 [121][122] - 房地产贷款(HELOC)业务增长势头良好,第四季度平均放款时间缩短至9天 [47] 公司战略和发展方向及行业竞争 - 公司正在加强自动化和效率提升,以应对当前经济环境 [25][26][27][28] - 公司正在开发宏观经济管理工具,帮助贷款机构更好地应对经济周期变化 [21][22][23][24] - 公司正在开发多元化的信贷产品,如HELOC和汽车贷款,以应对不同经济环境 [45][46][47][51][52] - 公司正在加强资金供给渠道,与更多大型机构合作 [40][41][42][43] 管理层对经营环境和未来前景的评论 - 2023年经济环境充满挑战,但公司已采取措施提高效率和抗风险能力 [13][14][15][16] - 公司对2024年前景保持谨慎乐观,相信随着经济逐步恢复,公司将重拾增长 [15][58] - 公司认为较低收入群体信贷风险已经企稳,但较高收入群体风险正在上升 [60][61][62][63][64][85][86] 问答环节重要的提问和回答 问题1 **Kyle Peterson 提问** 询问公司目前面临的资金供给限制情况 [91][92] **Dave Girouard 回答** 公司目前既不存在资金过剩,也不存在借款需求过多的情况,处于相对平衡状态 [92][93] 问题2 **David Scharf 提问** 询问公司目标客户群的FICO评分区间 [99][100][101] **Sanjay Datta 回答** 公司客户群FICO评分分布较广,且不同融资渠道的风险特征也有差异,难以简单概括 [101][102][103][104][105] 问题3 **Ramsey El-Assal 提问** 询问公司是否会继续保留在资产负债表上的贷款敞口 [129][130] **Sanjay Datta 回答** 公司未来会通过与大型机构的长期合作关系,逐步减少资产负债表上的贷款敞口 [139][140]

Upstart Holdings, Inc. (UPST) reported $140.31 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 4.5%. EPS of -$0.11 for the same period compares to -$0.25 a year ago. The reported revenue represents a surprise of +3.72% over the Zacks Consensus Estimate of $135.28 million. With the consensus EPS estimate being -$0.15, the EPS surprise was +26.67%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...

Upstart achieved an all-time high in its automated credit origination process in the fourth quarter. The artificial intelligence (AI) lending marketplace had 89% of its unsecured loans approved through an instant and fully automated process during the quarter ended Dec. 31, Upstart said in a presentation released Tuesday (Feb. 13) in conjunction with the company’s quarterly earnings call. Upstart CEO Dave Girouard said during the call that this percentage may vary from quarter to quarter, but that the long- ...

Upstart Holdings, Inc. (UPST) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 26.67%. A quarter ago, it was expected that this company would post a loss of $0.02 per share when it actually produced a loss of $0.05, delivering a surprise of -150%. Over the last four quarters, the company has ...

Upstart Holdings (UPST) is slated to report fourth-quarter 2023 results after market close on Feb 13. For the fourth quarter, the company expects revenues of approximately $135 million. The Zacks Consensus Estimate is currently pegged at $135.3 million, suggesting a decline of 7.9% year over year. The consensus mark is pegged at a loss of 15 cents per share, suggesting a significant improvement from the year-ago quarter’s loss of 25 cents. UPST’s earnings beat the Zacks Consensus Estimate in three of the tr ...

Upstart Holdings (UPST -1.20%) stock isn't for the fainthearted. It was up more than 400% at one point last year before losing about half of its value, ending 2023 with a 209% gain. That was just last year. It's been volatile almost since it went public, skyrocketing before plunging, mirroring the stunning reversal of the company's fortunes. Will anything change in 2024? Let's see where Upstart is likely to be in a year from now. An industry ripe for disruption Upstart operates a credit-evaluation platform ...

Upstart Holdings, Inc. (UPST) ended the recent trading session at $33.90, demonstrating a -1.19% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.57% for the day. Meanwhile, the Dow lost 0.14%, and the Nasdaq, a tech-heavy index, added 1.25%. Shares of the company witnessed a gain of 3.25% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 10.16% and the S&P 500's gain of 5.07%. Market partic ...

The upcoming report from Upstart Holdings, Inc. (UPST) is expected to reveal quarterly loss of $0.15 per share, indicating an increase of 40% compared to the year-ago period. Analysts forecast revenues of $135.28 million, representing a decrease of 7.9% year over year. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 8.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Befor ...

Wall Street expects a year-over-year increase in earnings on lower revenues when Upstart Holdings, Inc. (UPST) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on February 13, 2024, might help the stock move higher if these key numbers are ...

Upstart Holdings, Inc. (UPST) ended the recent trading session at $32.30, demonstrating a +1.7% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 1.25%. Meanwhile, the Dow gained 0.97%, and the Nasdaq, a tech-heavy index, added 1.3%. The company's shares have seen a decrease of 8.76% over the last month, not keeping up with the Computer and Technology sector's gain of 2.42% and the S&P 500's gain of 1.58%. The investment community will be paying close ...