Oscar Health, Inc. (OSCR) stock plummeted 13.29% in the pre-market trading session on Wednesday, following the company's disappointing fourth-quarter 2024 earnings report and lackluster full-year 2025 revenue guidance.
The health insurer reported a wider-than-expected loss for the fourth quarter, with an earnings per share loss of $0.62, missing the consensus estimate of a $0.58 loss. Revenue for the quarter also fell short of expectations, coming in at $2.39 billion, compared to the estimated $2.47 billion. Higher medical costs were cited as a key factor behind the earnings miss.
Adding to investor concerns, Oscar Health provided underwhelming full-year 2025 revenue guidance of $11.2-11.3 billion, falling short of the consensus estimate of $11.69 billion. This raised questions about the company's growth prospects, overshadowing its forecast of a return to profitability in 2025, with expected earnings from operations between $225-275 million.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。