Upstart Holdings (UPST) Tops Q1 EPS by 7c, Guidance Misses Consensus

Upstart Holdings (NASDAQ: UPST) reported Q1 EPS of $0.61, $0.07 better than the analyst estimate of $0.54. Revenue for the quarter came in at $310 million versus the consensus estimate of $300.25 million.

GUIDANCE:

Upstart Holdings sees Q2 2022 revenue of $295-305 million, versus the consensus of $335 million.

• Revenue of $295 to $305 million
• Contribution Margin of approximately 45%
• Net Income of ($4) to $0 million
• Adjusted Net Income of $28 to $30 million
• Adjusted EBITDA of $32 to $34 million
• Basic Weighted-Average Share Count of approximately 85.0 million shares
• Diluted Weighted-Average Share Count of approximately 96.2 million shares

Upstart Holdings sees FY2022 revenue of $1.25 billion, versus the consensus of $1.4 billion.

• Revenue of approximately $1.25 billion
• Contribution Margin of approximately 48%
• Adjusted EBITDA of approximately 15%

For earnings history and earnings-related data on Upstart Holdings (UPST) click here.

You May Also Be Interested In

• Broadcom (AVGO) Tops Q2 EPS by 5c, Offers Guidance
• Macy's (M) Tops Q1 EPS by 10c, Beats on Revenue; Offers FY27 Guidance
• Five Below (FIVE) Tops Q1 EPS by 53c, Beats on Revenue; Offers FY27 Guidance