![]() IPAR’s earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters, missing once, the average surprise being 37.2%. It is slated to report its second-quarter 2023 results on Aug 8. Inter Parfums has an Earnings ESP of +6.22% and presently carries a Zacks Rank #2. The company is estimated to report revenues of $281.9 million, which suggests an improvement of 83.1% from the year-ago quarter. The Zacks Consensus Estimate for CELH’s second-quarter earnings is pegged at 26 cents per share, implying a year-over-year rise of 116.7%. CELH’s earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once, delivering a negative surprise of 99%, on average. It is set to report second-quarter 2023 results on Aug 8. Quarterly revenues are estimated to increase 4.4% year over year to $984.5 million.Ĭurrently, Celsius has an Earnings ESP of +16.51% and carries a Zacks Rank #3. The Zacks Consensus Estimate for TWLO’s quarterly earnings is pegged at 29 cents per share, suggesting a year-over-year surge of 363.6%. You can see the complete list of today’s Zacks #1 Rank stocks here. TWLO’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 138.8%. It is scheduled to report second-quarter 2023 results on Aug 8. Twilio has an Earnings ESP of +6.90% and carries a Zacks Rank #2, at present. Per our model, Twilio TWLO, Celsius CELH and Inter Parfums IPAR have the right combination of elements to post an earnings beat in upcoming releases. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. However, that’s not the case here.Īlthough UPST carries a Zacks Rank #3 at present, it has an Earnings ESP of -50.00%. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. Our proven model does not conclusively predict an earnings beat for Upstart this season. This is expected to have increased loan pricing in the company’s platform and lowered approval rates for loan applicants, thus reducing transaction volume and affecting the top line. ![]() The Zacks Consensus Estimate for revenues from fees is pegged at $131 million.Ĭonsumer delinquencies are elevated and the funding markets remain limited in their appetite for risk. The consensus mark for net platform and referral fees, and net servicing and other fees is pegged at $94 million and $38.18 million, respectively.įurther degradation in the macro environment, conservative assumption for UMI in loan pricing, seasonal headwinds and tightening from funding partners are expected to have hurt the top line in the quarter under discussion. It marks a step forward in furnishing banks and credit unions with lending infrastructure that autonomously and rapidly adapt to changes in the economy. In the quarter to be reported, Upstart is likely to have benefited from providing lenders with near real-time insight into the financial health and allowing them to adjust their lending programs accordingly. It is engaged with multiple prospective partners who are actively exploring long-term capital relationships. UPST is expected to have gained from a growing partner base in the second quarter. ![]() UMI is likely to have given the company a competitive advantage in the second quarter. This new metric measures how changing economic conditions, like inflation and unemployment, affect credit performance. The company is expected to have been aided by the launch of its Upstart Macro Index or UMI. Management expects revenues from fees of approximately $130 million while the Zacks Consensus Estimate is pegged at $131 million. Recent launches across its product portfolio powered by generative AI and machine learning might have favored UPST’s performance in the to-be-reported quarter. Upstart’s second-quarter results are likely to gain from its strategy to operate as a multiproduct company. price-eps-surprise | Upstart Holdings, Inc. ![]() UPST’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, the negative surprise being 8.07%, on average. The consensus mark is pegged at a loss of 6 cents per share, unchanged in the past seven days, suggesting a plunge of 700%. The Zacks Consensus Estimate is currently pegged at $133.9 million, suggesting a decline of 41.3% year over year. Upstart Holdings UPST is slated to release second-quarter 2023 results on Aug 8.įor the second quarter, the company expects revenues of approximately $135 million.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |