Loop Capital Upgrades Upstart Holdings Inc (UPST) to Buy

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Upstart Holdings (UPST) Climbs 22%

February 15, 2023 9:43 AM EST

Upstart Holdings (NASDAQ: UPST) Climbs 22%

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Upstart Holdings (UPST) earnings sparks mixed reaction from analysts

February 15, 2023 9:37 AM EST

Upstart Holdings (NASDAQ: UPST) shares are up more than 5% premarket Wednesday on the back of its latest earnings release, which saw it top analyst consensus expectations.

The consumer lending firm posted an adjusted loss per share of $0.25, $0.22 better than the analyst estimate of a $0.47 loss per share. Revenue for the quarter came in at $147 million versus the consensus estimate of $134.31 million.

Although coming in better than expected, revenue... More