Upstart Announces First Quarter 2021 Results

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Upstart (UPST) Jumps After Beating Q1 Estimates and Smashing Guidance Views, Long Runway of Growth Ahead Says Analyst

May 12, 2021 9:59 AM EDT

Shares of Upstart Holdings (NASDAQ: UPST) soared 17% in early trading Wednesday after the company delivered another beat-and-raise quarter.

Adjusted earnings per share were reported at $0.22 per share to easily top the $0.15 expected from analysts polled by Thomson Reuters. Sales for the quarter came in at $121.3 million to mark a 90% year-over-year increase and higher than the Streets $116.06 million consensus.

Upstart is delivering a combination of growth and profits that is rare in FinTech and... More

Upstart Holdings (UPST) Misses Q1 EPS by 4c, Offers FY Guidance

May 11, 2021 4:16 PM EDT

Upstart Holdings (NASDAQ: UPST) reported Q1 EPS of $0.11, $0.04 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $121.3 million versus the consensus estimate of $116.06 million.

GUIDANCE:

Upstart Holdings sees FY2021 revenue of $150-160 million, versus the consensus of... More