What's Next: Upstart Hldgs's Earnings Preview

Upstart Hldgs (NASDAQ:UPST) is gearing up to announce its quarterly earnings on Thursday, 2024-11-07. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Upstart Hldgs will report an earnings per share (EPS) of $-0.15.

The market awaits Upstart Hldgs's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings Track Record

The company's EPS beat by $0.23 in the last quarter, leading to a 39.51% increase in the share price on the following day.

Here's a look at Upstart Hldgs's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.40

-0.39

-0.14

-0.02

EPS Actual

-0.17

-0.31

-0.11

-0.05

Price Change %

40.0%

-6.0%

-20.0%

-27.0%

Performance of Upstart Hldgs Shares

Shares of Upstart Hldgs were trading at $50.6 as of November 05. Over the last 52-week period, shares are up 149.53%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Insights Shared by Analysts on Upstart Hldgs

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Upstart Hldgs.

Analysts have provided Upstart Hldgs with 4 ...