3 Things I'm looking For in Upstart's Earnings
Earnings season can be overwhelming. Company after company delivers a flood of numbers and shares often move up or down violently. It's often hard to separate what's really happening in the business from the movement of the stock price.
Revenue and income numbers are always the go to explanations of Wall Street's reaction, but it's important to dig deeper. In preparing for Upstart Holdings' (NASDAQ: UPST) earnings this week, I'm excited for updates in three areas that should offer clues as to the long-term potential of the machine-learning based lending platform. If you are focused on the business, a high conversion rate in its marketing channels, progress in auto lending, and customer diversification are a lot more important than red or green arrows following the earnings release.
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