Upstart’s latest quarterly results showed double-digit gains in loan originations, powered by artificial intelligence (AI) and automation, where management also said that the credit quality of its lending portfolio was strong amid new capital commitments from its lending partners.The earnings materials indicate that during the quarter, the company originated more than 243,000 personal loans, which was 89% higher than a year ago and up 30% sequentially. The transaction dollars in the quarter came to $2 billi ...

Upstart Holdings, Inc. (NASDAQ:UPST) Q4 2024 Earnings Call Transcript February 11, 2025 4:30 PM ET Company Participants Sonya Banerjee - Investor Relations Dave Girouard - Co Founder and Chief Executive Officer Sanjay Datta - Chief Financial Officer Conference Call Participants Kyle Peterson - Needham Simon Clinch - Redburn Atlantic Peter Christiansen - Citi Ramsey Assal - Barclays Dan Dolev - Mizuho David Scharf - JMP Securities Vincent Caintic - BTIG John Hecht - Jefferies Reggie Smith - J.P. Morgan James ...

For the quarter ended December 2024, Upstart Holdings, Inc. (UPST) reported revenue of $218.96 million, up 56.1% over the same period last year. EPS came in at $0.26, compared to -$0.11 in the year-ago quarter.The reported revenue represents a surprise of +21.60% over the Zacks Consensus Estimate of $180.07 million. With the consensus EPS estimate being -$0.05, the EPS surprise was +620.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectati ...

Upstart Holdings, Inc. (UPST) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of a loss of $0.05 per share. This compares to loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 620%. A quarter ago, it was expected that this company would post a loss of $0.14 per share when it actually produced a loss of $0.06, delivering a surprise of 57.14%.Over the last four quarters, the c ...

Here's our initial take on Upstart's (UPST -5.08%) fourth-quarter results.Key MetricsMetricQ4 FY23Q4 FY24Changevs. ExpectationsRevenue$140 million$219 million+56%BeatGAAP earnings per share (loss)($0.50)($0.03)n/aBeatAdjusted EBITDA$0.6 million$38.8 million+6,164%n/aUnit loan transaction volume129,664245,663+90%n/aDemand for loans is bouncing back, and the Upstart profit flywheel is ramping upUpstart's business has whipsawed around the past few years as strong initial demand in a low-interest rate environme ...

Q4 and Full Year 2024 Earnings February 11, 2025 Disclaimer This presentation contains "forward-looking" statements that are based on our management's beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements, other than statements of historical fact contained in this presentation, including but not limited to, information or predictions concerning our future financial performance, including our financial outlook for Q1 2025 and the full ...

Exhibit 99.1 Upstart Announces Fourth Quarter and Full Year 2024 Results SAN MATEO, Calif. – February 11, 2025 – Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced financial results for the quarter and full year ended December 31, 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. "In Q4 of 2024, our business grew dramatically ...

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Upstart Holdings, Inc. (UPST) closed the latest trading day at $65.14, indicating a +0.25% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.36%. Elsewhere, the Dow saw a downswing of 0.28%, while the tech-heavy Nasdaq appreciated by 0.51%.Shares of the company witnessed a gain of 9.73% over the previous month, beating the performance of the Finance sector with its gain of 5.23% and the S&P 500's gain of 2.11%.The upcoming earnings release of Upstart H ...

The upcoming report from Upstart Holdings, Inc. (UPST) is expected to reveal quarterly loss of $0.05 per share, indicating an increase of 54.6% compared to the year-ago period. Analysts forecast revenues of $180.06 million, representing an increase of 28.3% year over year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before a company ...