Upstart Holdings (UPST) Tops Q3 EPS by 25c, Offers Guidance
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'Steph Curry of FinTech': Upstart (UPST) Shares Crash 25% Despite a Clean Q3 Beat, Here's What Analysts Didn't Like
November 10, 2021 8:46 AM ESTUpstart (NASDAQ: UPST) stock price is down over 25% in early Wednesday trading following Q3 results reported after market close yesterday.
Upstart reported Q3 EPS of $0.60 to smash the analyst estimate of $0.35. Revenue for the quarter came in at $228.5 million versus the consensus estimate of $214.9 million.
Since Upstart's IPO a year ago, we've more than tripled our revenue, tripled our profits, tripled the number of banks and credit unions on our platform, and tripled the number of auto dealerships we serve, said Dave... More
Upstart Holdings Inc (UPST) PT Lowered to $300 at Jefferies
November 10, 2021 8:04 AM ESTJefferies analyst John Hecht lowered the price target on Upstart Holdings Inc (NASDAQ: UPST) to $300.00 (from $330.00) while maintaining a Hold rating.
The analyst commented, "PST reported 3Q21 adj. EPS of $0.60, beating our $0.31/the Streets $0.33. Top-line expansion exceeded anticipation at $228M however fee... More
Upstart (UPST) Stock Plunges 22% Despite Q3 Beat
November 9, 2021 5:29 PM ESTUpstart Holdings (NASDAQ: UPST) shares were trading around 22% lower after-hours, despite the companys reported Q3 beat, with EPS coming in at $0.60, better than the consensus estimate of $0.35. Quarterly revenue grew 250% to $228.5 million, beating the consensus estimate of $214.9 million.
The company provided its Q4... More
