Teladoc Health Inc expected to post a loss of 35 cents a share - Earnings Preview

Teladoc Health

30/07/2024 03:04

* Teladoc Health Inc  TDOC.N   TDOC.K  is expected to show a
fall
in quarterly revenue when it reports  results on July 31 for the
period ending June 30 2024
    * The Purchase New York-based  company is expected to report
a
0.4% decrease in revenue to $649.65 million from $652.41 million
a year ago, according to the mean estimate from 24 analysts,
based on LSEG data.The company's guidance on April 25 2024, for
the period ended June 30, was for revenue between $635.00
million and $660.00 million.
    * ​LSEG's mean analyst estimate for Teladoc Health Inc is
for a
loss of 35 cents per share. The company's EPS guidance on April
25 2024, for the period ended June 30, was between $-0.45 and
$-0.35 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 23
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Teladoc
Health
Inc is $15.00​, above​ its last closing price of $9.57. ​​​

The company's guidance on April 25 2024 for the period ended
June 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD635 million and USD80 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.46       -0.46      -0.49     Missed  -5.9
 Dec. 31 2024  -0.24       -0.21      -0.17     Beat    20.4
 Jan. 1 0001   -0.37       -0.37      -0.35     Beat    5.4​
 Jan. 1 0001   -0.41       -0.41      -0.40     Beat    2.4
 ​​Mar.        -0.49       -0.50      -0.42     Beat    16.4
 31 2023                                                
 Dec. 31 2022  -0.22       -0.25      -23.49    Missed  -9,404
                                                        .7​
 Sep. 30 2022  -0.54       -0.57      -0.45     Beat    21.2
 Jun. 30 2022  -0.67       -0.64      -19.22    Missed  -2,879
                                                        .8
 This summary was machine generated July 30 at 02:04 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)