Upstart's earnings show the company is firmly back in growth mode.Shares of artificial intelligence (AI)-powered lender Upstart (UPST 42.87%) rocketed 43.3% Friday, as of 11:25 a.m. ET.Upstart reported earnings yesterday evening showing improved results, likely due to inflation and interest rate expectations coming down. However, from today's reaction, it appears the positive results and guidance were even better than contemplated by investors heading into earnings.Fintech personal lending is turning around ...

Upstart Holdings, Inc. (NASDAQ:UPST) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Alice Berry - Senior Director of Investor Relations Dave Girouard - Co-Founder & Chief Executive Officer Sanjay Datta - Chief Financial Officer Conference Call Participants Peter Christiansen - Citigroup Arvind Ramnani - Piper Sandler Rob Wildhack - Autonomous Research Kyle Peterson - Needham David Schwartz - JMP Simon Clinch - Redburn Atlantic Giuliano Bologna - Compass Point Operator Good ...

Upstart Holdings, Inc. (UPST) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 57.14%. A quarter ago, it was expected that this company would post a loss of $0.39 per share when it actually produced a loss of $0.17, delivering a surprise of 56.41%. Over the last four quarters, the company has ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | --- | |-------------------------------------------------------------------------|---------------------------------------------------------- ...

Exhibit 99.1 Upstart Announces Third Quarter 2024 Results SAN MATEO, Calif. – November 7, 2024 – Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced financial results for its third quarter of fiscal year 2024 ended September 30, 2024. Upstart will host a conference call and webcast at 1:30 p.m. Pacific Time today. An earnings presentation and link to the webcast are available at ir.upstart.com. "With 43% sequential growth in lending volume and ...

Upstart Holdings Inc (NASDAQ:UPST) stock was last seen up 5.5% at $53.34, as the broader market reacts to Donald Trump's Presidential election victory. Upstart is gearing up for its latest earnings report, due out after the close tomorrow, Nov. 7. And since the artificial intelligence (AI)-driven consumer lending name is particularly sensitive to interest-rate moves, the Fed's decision will likely have an impact on the stock that day as well. UPST soared 39.4% after earnings last quarter, though the three p ...

Upstart Holdings (UPST) is slated to report third-quarter 2024 results on Nov. 7, after market close.The company expects revenues of approximately $150 million for the quarter. The Zacks Consensus Estimate is currently pegged at $149.9 million, suggesting an improvement of 11.4% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The consensus mark for earnings is pegged at a loss of 14 cents per share, wider than the year-ago quarter’s reported loss of 5 cents. The loss ...

Interest rate cuts should help it get back to growth. Continuing its volatile journey, Upstart (UPST -0.41%) stock gained 30% in October, according to data from S&P Global Market Intelligence. The market gave it a thumbs-up after the Federal Reserve lowered interest rates for the first time in four years. When will Upstart start up again? Upstart enchanted investors when it first became a public company, and its stock climbed to astronomical heights before crashing and losing most of its value. Since then, ...

Upstart Holdings, Inc. (UPST) closed at $51.11 in the latest trading session, marking a +1.37% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.33% for the day. Meanwhile, the Dow experienced a drop of 0.22%, and the technology-dominated Nasdaq saw a decrease of 0.56%.Shares of the company witnessed a gain of 33.46% over the previous month, beating the performance of the Finance sector with its loss of 5.18% and the S&P 500's gain of 1.83%.Analysts and investors alike wi ...

Upstart Holdings, Inc. (UPST) ended the recent trading session at $52.54, demonstrating a -1.11% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.18%. At the same time, the Dow lost 0.8%, and the tech-heavy Nasdaq gained 0.27%.The the stock of company has risen by 33.69% in the past month, leading the Finance sector's loss of 3.02% and the S&P 500's gain of 4.46%.Analysts and investors alike will be keeping a close eye on the performance of Upsta ...