Teladoc Health Sees Q3 EPS $(0.50)-$(0.40) Vs $(0.33) Est. Revenue $650M-$675M Vs $663.11M Est.
Portfolio Pulse from Benzinga Newsdesk
Teladoc Health forecasts Q3 EPS to be between $(0.50) and $(0.40), which is lower than the estimated $(0.33). The company also expects revenue to be between $650M and $675M, compared to the estimated $663.11M.
July 25, 2023 | 8:08 pm
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NEGATIVE IMPACT
Teladoc Health's Q3 EPS forecast is lower than the estimated $(0.33), which could negatively impact the stock. However, the revenue forecast is in line with estimates.
Teladoc Health's lower than expected EPS forecast for Q3 could lead to a negative sentiment among investors, potentially driving the stock price down. However, the revenue forecast is in line with estimates, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100