|Bid||0.00 x 1100|
|Ask||28.28 x 1100|
|Day's Range||31.07 - 34.99|
|52 Week Range||22.42 - 401.49|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||32.63|
|Earnings Date||Mar 15, 2022 - Mar 21, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||31.29|
Good afternoon, and thank you for joining us on today's conference call to discuss Upstart's second quarter 2022 financial results. With us on today's call are Dave Girouard, Upstart's chief executive officer; and Sanjay Datta, our chief financial officer. Before we begin, I want to remind you that shortly after the market closed today, Upstart issued a press release announcing its second quarter 2022 financial results and published an investor relations presentation and credit FAQ.
Upstart Holdings Inc. delivered a lower-than-expected revenue forecast for the current quarter, but its chief executive expressed confidence in the performance and value of artificial-intelligence-driven lending.
Upstart Holdings, Inc. (UPST) delivered earnings and revenue surprises of 120% and 0.07%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?