Oscar Health, Inc. (OSCR) Increases Despite Market Slip: Here's What You Need to Know

Group 1 - Oscar Health, Inc. closed at $13.61, with a daily increase of +1.8%, outperforming the S&P 500's loss of 4.84% [1] - The stock has decreased by 17.72% over the past month, compared to the Finance sector's loss of 2.42% and the S&P 500's loss of 4.7% [1] Group 2 - The upcoming earnings report is expected to show an EPS of $0.83, reflecting a 33.87% increase from the same quarter last year, with quarterly revenue forecasted at $2.8 billion, up 30.75% year-over-year [2] - For the entire fiscal year, earnings are projected at $0.69 per share and revenue at $11.04 billion, indicating increases of +590% and +20.34% respectively from the previous year [3] Group 3 - Recent changes in analyst estimates suggest a positive outlook for Oscar Health, indicating analysts' confidence in the company's performance and profit potential [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Oscar Health at 3 (Hold) [6] Group 4 - Oscar Health has a Forward P/E ratio of 19.38, which is a premium compared to the industry's average Forward P/E of 10.13 [7] - The Insurance - Multi line industry, part of the Finance sector, holds a Zacks Industry Rank of 33, placing it in the top 14% of over 250 industries [7]