Day: October 28, 2021

Teladoc Inventory Falls Once more After Earnings. This Time Outcomes Beat Expectations.

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A video go to for a Teladoc member.

Courtesy of Teladoc

Teladoc Well being

inventory’s newest post-earnings decline—it sank in prolonged buying and selling Wednesday though the agency’s third-quarter outcomes beat expectations—is nothing new for the digital well being inventory.

Teladoc (ticker: TDOC) reported a third-quarter web lack of $84.3 million, or 53 cents a share. Income jumped 81{0f74cb4b6da088c48b3e1b87fdf7fa980b36555f18cf63a177e24002c93e2f03} 12 months over 12 months to $522 million. Wall Avenue’s consensus estimates referred to as for a web lack of 67 cents a share and income of $516.63 million, in accordance with FactSet.

Adjusted earnings earlier than curiosity, taxes, depreciation, and amortization hit $67.4 million, forward of expectations at $65.3 million, in accordance with FactSet.

Nonetheless, the inventory sank 5.1{0f74cb4b6da088c48b3e1b87fdf7fa980b36555f18cf63a177e24002c93e2f03} to $131.50 in after-hours buying and selling, mirroring its strikes after the agency’s prior three earnings stories. The inventory fell practically 13{0f74cb4b6da088c48b3e1b87fdf7fa980b36555f18cf63a177e24002c93e2f03} following its fourth-quarter 2020 report and

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This text was translated from our Spanish version utilizing AI applied sciences. Errors might exist as a result of this course of.

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