Upstart Reported Strong Q2, But Analysts Are Concerned About Short Interest And Profitability - Here's Why

Upstart Holdings, Inc. UPST shares are jumping today after it reported better-than-expected second-quarter financial results and issued third-quarter revenue guidance above estimates yesterday. The company reported an EPS loss of $0.17, which beat the analyst consensus loss estimate of$0.39, and revenue of $128 million, which beat the analyst consensus estimate of$124.54 million. For the third quarter of 2024, Upstart expects revenue of approximately $150 million vs. the$135.36 million estimate. Piper Sa ...