Upstart Holdings (UPST) Reports In-Line Q4 EPS

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Go back to Upstart Holdings (UPST) Reports In-Line Q4 EPS

Upstart (UPST) stock plummets 18% as significant outlook miss overshadows FQ4 results

February 14, 2024 4:23 AM EST

Upstart Holdings (NASDAQ: UPST) reported fourth-quarter revenue that exceeded analysts expectations but shares tumbled over 18% in premarket trading Wednesday as the FQ1 outlook came in well below estimates.

For FQ4, Upstart reported loss per share of $0.11, meeting the consensus estimates. The company's revenue reached $140.31 million, topping the projected $134.83 million.

Its... More