Oscar(US:OSCR) ZACKS·2024-12-31 00:21Earnings and Revenue Estimates - Full-year Zacks Consensus Estimates for Oscar Health, Inc predict earnings of -$0 01 per share and revenue of $9 25 billion, representing year-over-year changes of +99 18% and +57 71% respectively [1] - The upcoming earnings release is expected to show earnings of -$0 58 per share, marking a year-over-year growth of 12 12%, with revenue estimated at $2 46 billion, a 71 91% increase compared to the year-ago quarter [6] Stock Performance - Oscar Health, Inc closed at $13 58 in the latest trading session, marking a -1 59% move from the previous day, lagging behind the S&P 500's daily loss of 1 07%, the Dow's loss of 0 97%, and the Nasdaq's loss of 1 19% [5] - Prior to today's trading, the company's shares had lost 20 37% over the past month, underperforming the Finance sector's loss of 4 94% and the S&P 500's loss of 0 36% [10] Industry and Sector Analysis - The Insurance - Multi line industry, part of the Finance sector, currently has a Zacks Industry Rank of 69, placing it in the top 28% of all 250+ industries [3] - The Zacks Industry Rank measures the strength of individual industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [9] Analyst Estimates and Zacks Rank - Recent modifications to analyst estimates for Oscar Health, Inc often reflect short-term business patterns, with upbeat changes indicating a favorable outlook on the company's business health and profitability [7] - The Zacks Rank system, ranging from 1 (Strong Buy) to 5 (Strong Sell), has a notable track record of outperformance, with 1 rated stocks producing an average annual return of +25% since 1988 Oscar Health, Inc currently holds a Zacks Rank of 3 (Hold) [8]