Upstart Holdings (UPST) Tops Q3 EPS by 9c, provides guidance

Upstart Holdings (NASDAQ: UPST) reported Q3 EPS of ($0.06), $0.09 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $162.14 million versus the consensus estimate of $149.32 million.

GUIDANCE:

Upstart Holdings sees Q4 2024 revenue of $180 million, versus the consensus of $162.3 million.
Revenue From Fees of approximately $185 million
Net Interest Income (Loss) of approximately ($5) million

Contribution Margin of approximately 59%
Net Income (Loss) of approximately ($35) million
Adjusted Net Income (Loss) of approximately ($5) million
Adjusted EBITDA of approximately $5 million
Basic Weighted-Average Share Count of approximately 91.7 million shares
Diluted Weighted-Average Share Count of approximately 91.7 million shares

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

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