Upstart Hldgs (NASDAQ: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.
