Oscar Health (NYSE:OSCR) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Oscar Health missed estimated earnings by 260.0%, reporting an EPS of $-0.18 versus an estimate of $-0.05.
Revenue was down $971.29 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 30.26% increase in the share price the next day.
Here’s a look at Oscar Health’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -1.16 | -0.73 | -0.70 | -0.21 |
| EPS Actual | -1.05 | -0.91 | -0.53 | -0.36 |
| Revenue Estimate | 1.08B | 962.16M | 960.60M | 766.26M |
| Revenue Actual | 995.13M | 978.43M | 1.02B | 972.76M |
To track all earnings releases for Oscar Health visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
