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.

Earnings

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.

Past Earnings Performance

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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