Oscar Health Inc expected to post earnings of 16 cents a share - Earnings Preview

Oscar Health

05/08/2024 17:29

* Oscar Health Inc  OSCR.N   OSCR.K  is expected to show a
rise in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The New York City-based  company is expected to report a
41.6% increase in revenue to $2.155 billion from $1.52 billion a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Oscar Health Inc is for
earnings of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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 $27.00​, above​ its last closing price of $16.71. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.27        0.27       0.62      Beat    127.9
 Dec. 31 2024  -0.73       -0.72      -0.66     Beat    8.7
 Sep. 30 2023  -0.47       -0.47      -0.29     Beat    38.6​
 Jun. 30 2023  -0.22       -0.23      -0.07     Beat    69.6
 ​​Mar.        -0.04       -0.05      -0.18     Missed  -254.7
 31 2023                                                
 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
 This summary was machine generated August 5 at 16:29 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)