Oscar Health Expected to Post Earnings Growth Next Week

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Wall Street expects Oscar Health to report a year-over-year earnings increase when it releases second-quarter results on August 6. The Zacks Consensus Estimate calls for earnings of $0.43 per share, up 148.3% from the prior-year period, on revenues of $4.93 billion, a 72% increase. The consensus EPS estimate has been revised 34.33% higher over the past 30 days, and the Most Accurate Estimate is above the consensus, yielding a positive Earnings ESP of 48.85%. Combined with a Zacks Rank #1, this suggests Oscar Health is likely to beat the consensus EPS estimate. The company has topped estimates in three of the last four quarters, including a 71.07% surprise last quarter when it reported $2.07 versus expectations of $1.21.

Impact on stocks 2

Financials · 2 stocks
Oscar Health Inc
OSCR
▲ PositiveCapitalrelevance

Expected earnings growth and positive estimate revisions suggest strong upcoming results