Teladoc Health Inc reports results for the quarter ended in March - Earnings Summary
Teladoc Health Inc TDOC reported a quarterly adjusted loss of 49 cents per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of -42 cents. The mean expectation of twenty seven analysts for the quarter was for a loss of 46 cents per share. Wall Street expected results to range from -54 cents to -28 cents per share.
Revenue rose 2.7% to $646.13 million from a year ago; analysts expected $637.29 million.
Teladoc Health Inc's reported EPS for the quarter was a loss of 49 cents.
The company reported a quarterly loss of $81.89 million.
Teladoc Health Inc shares had fallen by 9.1% this quarter and lost 36.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 7.8% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 23 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the healthcare facilities & services peer group is also "hold"
Wall Street's median 12-month price target for Teladoc Health Inc is $18.00
This summary was machine generated from LSEG data April 25 at 11:16 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Mar. 31 2024 | -0.46 | -0.49 | Missed |
Dec. 31 2023 | -0.21 | -0.17 | Beat |
Sep. 30 2023 | -0.37 | -0.35 | Beat |
Jun. 30 2023 | -0.41 | -0.40 | Beat |