Upstart Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

• Upstart Holdings Inc UPST.OQ reported quarterly adjusted earnings of 26 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of fourteen analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -7 cents to 3 cents per share.

• Revenue rose 30.4% to $199.28 million from a year ago; analysts expected $182.09 million.

• Upstart Holdings Inc's reported EPS for the quarter was a loss of 3 cents​.

• The company reported a quarterly loss of $2.76 million.

• Upstart Holdings Inc shares had risen by 15.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.9% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 6 "hold" and 5 "sell" or "strong sell."

• The average consensus recommendation for the consumer lending peer group is also "hold"

Wall Street's median 12-month price target for Upstart Holdings Inc is $65.00

This summary was machine generated from LSEG data February 11 at 10:42 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)