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