Upstart Holdings, Inc. (UPST) Reports Q3 Loss, Tops Revenue Estimates
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Upstart Holdings, Inc. (UPST) reported a Q3 loss of $0.06 per share, which was better than the Zacks Consensus Estimate of a $0.14 loss. This is a slight increase in loss compared to $0.05 per share a year ago.
November 08, 2024 | 12:45 am
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Upstart Holdings reported a Q3 loss of $0.06 per share, better than the expected $0.14 loss, but slightly worse than last year's $0.05 loss. Revenue estimates were exceeded.
The better-than-expected earnings per share loss and exceeding revenue estimates are positive indicators for UPST. Despite a slight increase in loss from last year, the market may react positively to the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100