Upstart (UPST) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
UPSTUpstart(UPST) ZACKS·2024-08-07 23:30

Upstart Holdings, Inc. (UPST) reported 127.63millioninrevenueforthequarterendedJune2024,representingayearoveryeardeclineof6127.63 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 6%. EPS of -0.17 for the same period compares to 0.06ayearago.Thereportedrevenuerepresentsasurpriseof+1.970.06 a year ago.The reported revenue represents a surprise of +1.97% over the Zacks Consensus Estimate of 125.16 million. With the consensus EPS estimate being -$0.39, the EPS surprise was +56.41%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...