Teladoc Sees Q1 EPS ($0.55)-($0.45) vs $(0.43) Est., Revenue $630M-$645M vs $672.87M Est.
Portfolio Pulse from Benzinga Newsdesk
Teladoc forecasts its Q1 earnings per share (EPS) to be between ($0.55) and ($0.45), which is below the estimated $(0.43). The company also projects its revenue to be between $630M and $645M, falling short of the expected $672.87M.
February 20, 2024 | 9:12 pm
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NEGATIVE IMPACT
Teladoc's Q1 earnings and revenue forecasts are below analysts' expectations, indicating potential challenges ahead.
Teladoc's projected earnings per share and revenue for Q1 are both below the estimates provided by analysts. This discrepancy suggests that the company may be facing operational or market challenges that could negatively impact its stock price in the short term. Given the direct correlation between earnings reports and stock performance, this news is highly relevant and important to investors. The confidence in this analysis is high due to the clear and direct nature of the financial forecasts provided.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100