Oscar Health Inc expected to post a loss of 5 cents a share - Earnings Preview

Oscar Health

06/05/2023 03:08

* Oscar Health Inc  OSCR.N   OSCR.K  is expected to show a
rise in
quarterly revenue when it reports  results on May 9. 
    * The New York City-based  company is expected to report  a
17.8% increase in revenue to $1.146 billion from $972.77 million
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 5 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 1 "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 $5​, below​ its last closing price of $7.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -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. 31 2022  -0.21       -0.21      -0.36     Missed  -68.6
 ​​Dec.        -0.85       -0.96      -0.95     Beat    1.5
 31 2021                                                
 Sep. 30 2021  -0.66       -0.66      -1.02     Missed  -54.7​
 Jun. 30 2021  -0.46       -0.46      -0.35     Beat    24.7
 Mar. 31 2021  -0.53       -0.53      -0.98     Missed  -83.7
 This summary was machine generated May 6 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated