Teladoc Stock Sinks 17% on Downbeat Forecast

3
Comment
Favorite

Teladoc Stock Sinks 17% on Downbeat Forecast

Dow Jones02-21

Shares of telehealth-technology provider Teladoc Health Inc. sank after hours on Tuesday following a largely downbeat forecast for the first quarter and full year.

The company, known for its BetterHelp therapy app, said it expected first-quarter sales of $630 million to $645 million, below FactSet forecasts of $673 million.

It said it expected to lose 45 cents a share to 55 cents a share during that period, worse than analyst expectations for a 41-cent per-share loss.

For the full year, Teladoc said it expected sales of $2.64 billion to $2.74 billion, worse than FactSet forecasts of $2.77 billion, with a per-share loss of 80 cents a share to $1.10 a share, narrower than expectations for $1.20 a share.

Shares fell 17.2% after hours.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2413435720?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-02-21 07:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2413435720","market":"us","top_or_hot":-1,"title":"Teladoc Stock Sinks 17% on Downbeat Forecast","media":"Dow Jones","content":"<html><head></head><body><p>Shares of telehealth-technology provider Teladoc Health Inc. sank after hours on Tuesday following a largely downbeat forecast for the first quarter and full year. </p><p>The company, known for its BetterHelp therapy app, said it expected first-quarter sales of $630 million to $645 million, below FactSet forecasts of $673 million. </p><p>It said it expected to lose 45 cents a share to 55 cents a share during that period, worse than analyst expectations for a 41-cent per-share loss. </p><p>For the full year, Teladoc said it expected sales of $2.64 billion to $2.74 billion, worse than FactSet forecasts of $2.77 billion, with a per-share loss of 80 cents a share to $1.10 a share, narrower than expectations for $1.20 a share. </p><p>Shares fell 17.2% after hours.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af1ea14151921e874aaac6707793b853\" tg-width=\"845\" tg-height=\"615\"/></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Teladoc Stock Sinks 17% on Downbeat Forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTeladoc Stock Sinks 17% on Downbeat Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-21 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of telehealth-technology provider Teladoc Health Inc. sank after hours on Tuesday following a largely downbeat forecast for the first quarter and full year. The company, known for its ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2413435720","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2413435720","pubTimestamp":1708470738,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of telehealth-technology provider Teladoc Health Inc. sank after hours on Tuesday following a largely downbeat forecast for the first quarter and full year. The company, known for its BetterHelp therapy app, said it expected first-quarter sales of $630 million to $645 million, below FactSet forecasts of $673 million. It said it expected to lose 45 cents a share to 55 cents a share during that period, worse than analyst expectations for a 41-cent per-share loss. For the full year, Teladoc ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4588":"碎股","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4504":"桥水持仓","BK4167":"医疗保健技术","BK4548":"巴美列捷福持仓","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD"},"translate_title":"Teladoc股票因悲观预测下跌17%","themeId":"c0d77e622a6742cf8335299f8317b4b4","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"Shares of telehealth-technology provider Teladoc Health Inc. sank after hours on Tuesday following a largely downbeat forecast for the first quarter and full year. The company, known for its BetterHelp therapy app, said it expected first-quarter sales of $630 million to $645 million, below FactSet forecasts of $673 million. It said it expected to lose 45 cents a share to 55 cents a share during that period, worse than analyst expectations for a 41-cent per-share loss. For the full year, Teladoc said it expected sales of $2.64 billion to $2.74 billion, worse than FactSet forecasts of $2.77 billion, with a per-share loss of 80 cents a share to $1.10 a share, narrower than expectations for $1.20 a share. Shares fell 17.2% after hours.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}