A Preview Of Teladoc Health's Earnings

Teladoc Health (NYSE:TDOC) is set to give its latest quarterly earnings report on Wednesday, 2024-10-30. Here's what investors need to know before the announcement.

Analysts estimate that Teladoc Health will report an earnings per share (EPS) of $-0.27.

Investors in Teladoc Health are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings History Snapshot

The company's EPS beat by $0.06 in the last quarter, leading to a 8.91% drop in the share price on the following day.

Here's a look at Teladoc Health's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.34

-0.46

-0.21

-0.37

EPS Actual

-0.28

-0.49

-0.17

-0.35

Price Change %

-9.0%

-2.0%

-24.0%

-4.0%

Stock Performance

Shares of Teladoc Health were trading at $9.18 as of October 28. Over the last 52-week period, shares are down 46.1%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

Analyst Observations about Teladoc Health

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Teladoc Health.

The consensus rating for Teladoc Health is Neutral, based on 15 analyst ratings. With an average one-year price target of $10.47, there's a potential 14.05% upside.

Comparing Ratings with Peers

The analysis below examines the analyst ratings and ...