Oscar Health Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
02-05
Oscar Health Inc reports results for the quarter ended December 31 - Earnings Summary
  • Oscar Health Inc OSCR.N reported a quarterly adjusted loss of 62 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -66 cents. The mean expectation of eight analysts for the quarter was for a loss of 59 cents per share. Wall Street expected results to range from -68 cents to -48 cents per share.

  • Revenue rose 67.1% to $2.39 billion from a year ago; analysts expected $2.47 billion.

  • Oscar Health Inc's reported EPS for the quarter was a loss of 62 cents​.

  • The company reported a quarterly loss of $153.55 million.

  • Oscar Health Inc shares had risen by 24.6% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 3.5% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell."

  • The average consensus recommendation for the life & health insurance peer group is also "hold"

Wall Street's median 12-month price target for Oscar Health Inc is $19.00

This summary was machine generated from LSEG data February 4 at 10:54 p.m. UTC. ​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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

-0.59

-0.62

Missed

Sep. 30 2024

-0.17

-0.22

Missed

Jun. 30 2024

0.16

0.20

Beat

Mar. 31 2024

0.27

0.62

Beat

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