Teladoc Health, Inc. (NYSE:TDOC) is expected to report third quarter earnings results, after market close, on Wednesday 28th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.32 per share.
Looking ahead, the full year loss are expected at $ 1.4 per share on the revenues of $ 990.46 million.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ -0.35 ~ $ -0.30 per share, while revenues are expected in a range of $ 275.00 million ~ $ 285.00 million
Full Year 2020 topline are forecasted in a range of$ 980.00 million ~ $ 995.00 million, where as bottomline are predicted in a range of $ -1.45 ~ $ -1.36 per share
Click Here For More Historical Outlooks Of Teladoc Health, Inc.
Previous Quarter Performance
Teladoc Health, Inc. came out with loss for the second quarter of $ 0.34 per share, from the revenue of $ 241.03 million. Wall street analysts are predicting, TDOC to report 2Q20 loss of $ 0.23 per share from revenue of $ 220.53 million. The bottom line results missed street analysts by $ 0.11 or 47.83 percent, at the same time, top line results outshined analysts by $ 20.50 million or 9.30 percent.
Stock Performance
Shares of Teladoc Health, Inc. traded up $ 10.24 or 4.83 percent on Tuesday, reaching $ 222.39 with volume of 2.51 million shares. Teladoc Health, Inc. has traded high as $ 224.80 and has cracked $ 214.51 on the downward trend
According to the previous trading day, closing price of $ 222.39, representing a 214.48 % increase from the 52 week low of $ 67.46 and a 16.15 % decrease over the 52 week high of $ 253.00.
The company has a market capital of $ 18.45 billion and is part of the Technology sector and Health Information Services industry.
Recent Analyst recommendations
- On 22nd September 2020, initiated by DA Davidson at Buy rating, with $ 250.00 target price.
Conference Call
Teladoc Health, Inc. will be hosting a conference call at 4:30 PM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.teladochealth.com
Teladoc Health, Inc. provides virtual healthcare services on a business-to-business in the United States and internationally. It covers various clinical conditions, including non-critical, episodic care, chronic, and complicated cases, as well as offers telehealth solutions, expert medical services, behavioral health solutions, guidance and support, and platform and program services.
