Oscar Health Inc reports results for the quarter ended in December - Earnings Summary

Oscar Health

10/02/2023 02:00

* Oscar Health Inc  OSCR.N  reported a quarterly adjusted
loss of
$1.05​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for a loss of
$1.16 per share.
    * Revenue rose 100.6% to $995.13 million from a year ago;
analysts
expected $1.08 billion. 
    * Oscar Health Inc's reported EPS for the quarter was a loss
of
$1.05​.
    * The mean earnings estimate of analysts had fallen by
about 14.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Oscar Health Inc shares had risen by 66.3% this quarter.
    * The company reported a quarterly loss of $226.05 million.
    * Wall Street's median 12-month price target for Oscar
Health Inc
is $4.00 
    * 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." 

This summary was machine generated from Refinitiv data February
10 at 02:00 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -1.16          -1.05          Beat
 Sep. 30 2022      -0.73          -0.91          Missed
 Jun. 30 2022      -0.48          -0.53          Missed
 Mar. 31 2022      -0.21          -0.36          Missed