Oscar Health Inc expected to post a loss of 23 cents a share - Earnings Preview

Oscar Health

05/08/2023 03:17

* Oscar Health Inc  OSCR.N   OSCR.K  is expected to show a
rise in
quarterly revenue when it reports  results on August 8. 
    * The New York City-based  company is expected to report  a
41.5% increase in revenue to $1.44 billion from $1.02 billion a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Oscar Health Inc is
for a
loss of 23 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Oscar
Health Inc
is $7​, below​ its last closing price of $7.19. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.04       -0.05      -0.18     Missed  -254.7
 Dec. 31 2023  -1.09       -1.16      -1.05     Beat    9.5
 Sep. 30 2022  -0.72       -0.73      -0.91     Missed  -24.6​
 Jun. 30 2022  -0.51       -0.48      -0.53     Missed  -10.8
 ​​Mar.        -0.21       -0.21      -0.36     Missed  -68.6
 31 2022                                                
 Dec. 31 2021  -0.85       -0.96      -0.95     Beat    1.5​
 Sep. 30 2021  -0.66       -0.66      -1.02     Missed  -54.7
 Jun. 30 2021  -0.46       -0.46      -0.35     Beat    24.7
 This summary was machine generated August 5 at 02:17 GMT.  All
figures in US dollars  unless otherwise stated