What's Going On With Teladoc Health Stock Today?
Portfolio Pulse from Adam Eckert
Teladoc Health Inc (NYSE:TDOC) shares dropped following the release of its Q4 financial results, missing revenue estimates but beating EPS expectations. The company provided weaker than expected guidance for Q1 and the full year, citing a challenging macro-economic environment but highlighted progress in generating higher margins and strong bottom-line performance.
February 21, 2024 | 1:44 pm
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Teladoc Health Inc's stock price declined due to Q4 financial results missing revenue estimates and providing weaker than expected guidance for the future.
The stock price of Teladoc Health Inc fell significantly due to the company's Q4 revenue missing estimates and the provision of weaker than expected guidance for Q1 and the full year. Despite beating EPS estimates and showing year-over-year revenue growth, the outlook presented by the company suggests potential challenges ahead, impacting investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100