Upstart Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
Upstart Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
Upstart Holdings Inc UPST.OQ reported quarterly adjusted earnings of 57 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 53 cents per share. Wall Street expected results to range from 41 cents to 63 cents per share.
Revenue rose 41.7% to $364.71 million from a year ago; analysts expected $352.27 million.
Upstart Holdings Inc's reported EPS for the quarter was 16 cents.
The company reported quarterly net income of $16.54 million.
Upstart Holdings Inc shares had fallen by 16.9% this quarter and lost 32.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 9.3% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is also "buy"
Wall Street's median 12-month price target for Upstart Holdings Inc is $40.00, about 26.4% above its last closing price of $29.43
This summary was machine generated from LSEG data August 4 at 09:40 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.53 | 0.57 | Beat |
Mar. 31 2026 | 0.42 | 0.30 | Missed |
Dec. 31 2025 | 0.46 | 0.46 | Met |
Sep. 30 2025 | 0.42 | 0.52 | Beat |
Recent news on Upstart Holdings
See all newsBrief: Upstart Holdings - Upstart Network Enters Credit Agreement For $200 Million Senior Secured Revolving Credit Facility - SEC Filing
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Upstart Holdings Inc reports results for the quarter ended June 30 - Earnings Summary