A Preview Of Upstart Hldgs's Earnings
Portfolio Pulse from Benzinga Insights
Upstart Holdings (NASDAQ:UPST) is scheduled to release its quarterly earnings report on February 13, 2024, with an anticipated EPS of $-0.14. Analysts and investors are keen on whether UPST will surpass this estimate and provide optimistic guidance for the next quarter. Historical data shows a significant correlation between earnings performance and stock price movements. Last quarter, UPST missed its EPS estimate by $0.03, leading to a 27.3% decline in its stock price the following day. Over the past year, UPST shares have surged by 100.12%, indicating a bullish outlook among long-term investors.
February 12, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Upstart Holdings is anticipated to report a quarterly EPS of $-0.14 on February 13, 2024. Historical performance shows significant stock price movements post-earnings, with a 27.3% drop after last quarter's miss. Shares have increased by 100.12% over the past year, indicating a positive long-term investor sentiment.
The anticipation of Upstart Holdings' earnings report and its historical earnings performance suggest potential volatility in its stock price. However, the long-term bullish trend and the uncertainty regarding the upcoming earnings outcome make the short-term impact neutral. The importance is high due to the potential for significant price movements post-earnings, as seen in the past. Confidence in this analysis is based on the detailed historical data provided and the general market behavior surrounding earnings announcements.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100