Recap: Upstart Hldgs Q1 Earnings

Upstart Hldgs UPST reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Upstart Hldgs beat estimated earnings by 41.98%, reporting an EPS of $-0.47 versus an estimate of $-0.81.

Revenue was down $207.21 million from the same period last year.

Last quarter the company beat on EPS by $0.22 which was followed by a 28.13% increase in the share price the next day.

Here's a look at Upstart Hldgs's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.47	-0.08	0.10	0.51
EPS Actual	-0.25	-0.24	0.01	0.61
Revenue Estimate	133.59M	169.42M	241.63M	300.12M
Revenue Actual	146.91M	157.23M	228.16M	310.14M

To track all earnings releases for Upstart Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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