1Life Healthcare Inc Steady Today At $16.47 After Earnings Beat

1Life Healthcare Inc (ONEM) said after close Tuesday that it lost $0.49 per share in quarter four 2022.

On the revenue line, the company reported $274.2 million, missing estimates by $913 thousand.

In the same quarter a year ago, the company lost $0.5 per share on revenue of $230.2 million.

The stock is steady today at $16.47 after the report.

Despite revenues increasing, earnings decreased, signaling a decline in profit margins.

The average recommendation from Wall Street analysts was a Hold which may get revised based on this new data.

Trading in the five days leading up to the report earned 1Life Healthcare Inc a Bullish Sentiment Rank from InvestorsObserver.

Prior to the report, InvestorsObserver gave the stock an overall score of 46. Meanwhile, the average Wall Street analyst rated the stock a Hold.

1Life Healthcare Inc is a membership-based and technology-powered primary care platform with seamless digital health and inviting in-office care, convenient to where people work, shop, live, and click. Its vision is to provide members with better health and better care while reducing costs. Its mission is to transform healthcare for all through its human-centred, technology-powered model. The company and the One Medical entities do business under the One Medical brand.