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

Oscar Health

08/08/2023 23:28

* Oscar Health Inc  OSCR.N  reported a quarterly adjusted
loss
of 7 cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for a loss
of 23 cents per share.
    * Revenue rose 49.6% to $1.52 billion from a year ago. 
    * Oscar Health Inc's reported EPS for the quarter was a loss
of 7
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Oscar Health Inc shares had fallen by 8.7% this
quarter and
gained 199.2% so far this year.
    * The company reported a quarterly loss of $15.43 million.
    * Wall Street's median 12-month price target for Oscar
Health Inc
is $7.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 10:28 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.23          -0.07          Beat
 Mar. 31 2023      -0.05          -0.18          Missed
 Dec. 31 2022      -1.16          -1.05          Beat
 Sep. 30 2022      -0.73          -0.91          Missed