Upstart Holdings, Inc. (UPST) Reports Q2 Loss, Tops Revenue Estimates
UPSTUpstart(UPST) ZACKS·2024-08-07 07:11

Upstart Holdings, Inc. (UPST) came out with a quarterly loss of 0.17pershareversustheZacksConsensusEstimateofalossof0.17 per share versus the Zacks Consensus Estimate of a loss of 0.39. This compares to earnings of 0.06pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof56.410.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 56.41%. A quarter ago, it was expected that this company would post a loss of 0.38 per share when it actually produced a loss of $0.31, delivering a surprise of 18.42%.Over the last four quarters, the company h ...