What's in the Offing for Upstart (UPST) This Earnings Season?

Upstart Holdings (UPST) is slated to report second-quarter 2024 results on Aug 6, after market close. The consensus mark is pegged at a loss of 39 cents per share. The figure suggests a significant decline from the year-ago quarter's earnings of 6 cents. Let's see how things have shaped up for the upcoming announcement. Headwinds from the weakening lending market due to elevated consumer risk caused by multiple bank failures and the dislocation of capital markets might have affected Upstart's revenues in th ...