Previous Close | 28.56 |
Open | N/A |
Bid | 25.50 |
Ask | 28.25 |
Strike | 50.00 |
Expire Date | 2024-10-18 |
Day's Range | 28.56 - 28.56 |
Contract Range | N/A |
Volume | |
Open Interest | 1 |
Upstart (UPST) delivered earnings and revenue surprises of 18.42% and 2.39%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Analyst Projections vs. Actual Performance: A Detailed Review
AI lending platform Upstart (NASDAQ:UPST) beat analysts' expectations in Q1 CY2024, with revenue up 24.2% year on year to $127.8 million. On the other hand, next quarter's revenue guidance of $125 million was less impressive, coming in 12.8% below analysts' estimates. It made a non-GAAP loss of $0.31 per share, improving from its loss of $1.58 per share in the same quarter last year.