Teladoc Health Q4 Sales $660.5M Miss $671.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
Teladoc Health (TDOC) reported Q4 sales of $660.5M, missing the consensus estimate of $671.43M by 1.63%. This represents a 3.57% increase over the same period last year.
February 20, 2024 | 9:05 pm
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Teladoc Health reported Q4 sales of $660.5M, missing estimates by 1.63% but showing a 3.57% increase YoY.
Missing the consensus sales estimates could lead to negative investor sentiment in the short term, potentially impacting TDOC's stock price negatively. However, the year-over-year growth indicates underlying strength, which might mitigate the negative impact to some extent.
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