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

Oscar Health

09/05/2023 23:05

* Oscar Health Inc  OSCR.N  reported a quarterly adjusted
loss
of 18 cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for a loss
of 5 cents per share.
    * Revenue rose 51.1% to $1.47 billion from a year ago;
analysts
expected $1.15 billion. 
    * Oscar Health Inc's reported EPS for the quarter was a loss
of 18
cents​.
    * The mean earnings estimate of analysts had fallen by
about 245%
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 15.0% this
quarter and
gained 205.7% so far this year.
    * The company reported a quarterly loss of $39.77 million.
    * Wall Street's median 12-month price target for Oscar
Health Inc
is $5.00 
    * 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 LSEG Refinitiv data May
9 at 10:05 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.05          -0.18          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