Upstart (NASDAQ:UPST) came into Tuesday's third-quarter earnings report, trading around a two-year low. While the company has delivered solid growth on the top and bottom lines in recent quarters, investors have been skeptical of the loan origination specialist's ability to deliver strong results in a challenging macroeconomic environment as interest rates are elevated, inflation remains sticky, and the cost of living keeps going up. Revenue jumped 34% in the quarter to $371 million, ahead of estimates at $363.7 million, and earnings per share rose from $0.23 to $0.33, beating expectations at $0.23.
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