Upstart Hldgs Q4 EPS $(0.11) Beats $(0.14) Estimate, Sales $140.91M Beat $134.89M Estimate
Portfolio Pulse from Happy Mohamed
Upstart Holdings (UPST) reported Q4 earnings with losses of $(0.11) per share, surpassing the $(0.14) estimate, and sales of $140.91M, exceeding the $134.89M estimate. This represents a 56% improvement in losses and a 4.08% decrease in sales year-over-year.
February 13, 2024 | 9:08 pm
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Upstart Holdings reported better-than-expected Q4 earnings and sales, showing a significant improvement in losses compared to last year.
Beating both EPS and sales estimates indicates operational efficiency and could lead to positive investor sentiment. The significant improvement in losses year-over-year further strengthens the case for a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100