Teladoc Health's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Teladoc Health (NYSE:TDOC) is scheduled to release its quarterly earnings report on February 20, 2024, with an expected EPS of $-0.21. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historical data shows mixed reactions to past earnings reports, with share price movements varying post-announcement. Currently, TDOC shares are trading at $17.99, reflecting a 26.31% decline over the last year, indicating a bearish sentiment among long-term shareholders.
February 19, 2024 | 5:01 pm
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Teladoc Health is anticipated to report a quarterly EPS of $-0.21 on February 20, 2024. Historical performance shows varied stock price reactions to earnings announcements. Currently, the stock is down 26.31% over the past year, indicating a bearish sentiment.
The expected EPS of $-0.21 sets a cautious tone for the upcoming earnings report. Historical data indicates that the stock's reaction to earnings announcements can vary, making it difficult to predict short-term price movements accurately. However, the overall bearish sentiment, as evidenced by the 26.31% decline over the past year, suggests that investors may not be optimistic about the company's financial health. The importance rating is high due to the potential impact of earnings reports on stock prices, but the confidence in predicting the exact short-term impact is moderated by the mixed historical reactions.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100