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Countdown to Upstart (UPST) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
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Wall Street analysts forecast that Upstart Holdings, Inc. (UPST - Free Report) will report quarterly earnings of $0.47 per share in its upcoming release, pointing to a year-over-year increase of 80.8%. It is anticipated that revenues will amount to $288.47 million, exhibiting an increase of 31.7% compared to the year-ago quarter.
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.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Upstart metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Revenue- Revenue from fees, net' reaching $262.30 million. The estimate indicates a change of +31.6% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenue- Revenue from fees, net- Servicing and other fees, net' should arrive at $45.08 million. The estimate suggests a change of +34.5% year over year.
The collective assessment of analysts points to an estimated 'Revenue- Revenue from fees, net- Platform and referral fees, net' of $217.23 million. The estimate indicates a change of +31.1% from the prior-year quarter.
According to the collective judgment of analysts, 'Transaction Volume' should come in at $2.96 million. Compared to the present estimate, the company reported $2.11 million in the same quarter last year.
Over the past month, shares of Upstart have returned -24.6% versus the Zacks S&P 500 composite's +0.5% change. Currently, UPST carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Countdown to Upstart (UPST) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Wall Street analysts forecast that Upstart Holdings, Inc. (UPST - Free Report) will report quarterly earnings of $0.47 per share in its upcoming release, pointing to a year-over-year increase of 80.8%. It is anticipated that revenues will amount to $288.47 million, exhibiting an increase of 31.7% compared to the year-ago quarter.
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.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Upstart metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Revenue- Revenue from fees, net' reaching $262.30 million. The estimate indicates a change of +31.6% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenue- Revenue from fees, net- Servicing and other fees, net' should arrive at $45.08 million. The estimate suggests a change of +34.5% year over year.
The collective assessment of analysts points to an estimated 'Revenue- Revenue from fees, net- Platform and referral fees, net' of $217.23 million. The estimate indicates a change of +31.1% from the prior-year quarter.
According to the collective judgment of analysts, 'Transaction Volume' should come in at $2.96 million. Compared to the present estimate, the company reported $2.11 million in the same quarter last year.
View all Key Company Metrics for Upstart here>>>Over the past month, shares of Upstart have returned -24.6% versus the Zacks S&P 500 composite's +0.5% change. Currently, UPST carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .