5 Stocks in Focus After Posting Their Earnings Reports

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In this article, we discuss the 5 stocks in focus after posting their earnings reports. If you want to read our detailed analysis of these companies, go directly to the 10 Stocks in Focus After Posting Their Earnings Reports.  

5. Teladoc Health, Inc. (NYSE:TDOC)

Number of Hedge Fund Holders: 39

Teladoc Health, Inc. (NYSE:TDOC) recently announced better-than-expected financial results for the fourth quarter. However, its first-quarter outlook was below expectations, sending its shares down nearly six percent on Wednesday, February 23, 2022.

The telemedicine company reported a loss of 7 cents per share, narrower than the loss of $3.07 per share in the same period of 2020. Analysts expected Teladoc Health, Inc. (NYSE:TDOC) to report a loss of 56 cents per share.

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Revenue for the quarter jumped 45 percent on a year-over-year basis to $554.2 million, topping expectations of $545.61 million. Teladoc Health, Inc. (NYSE:TDOC) also released its segment-wise sales figures. Its access fees revenue for the quarter climbed 51 percent to $469.9 million, while visit fee revenue rose 21 percent to $68.9 million.

Looking forward, Teladoc Health, Inc. (NYSE:TDOC) guided for a loss in the range of 60 – 50 cents per share and revenue between $565 – $571 million for the first quarter. The outlook missed analysts’ average estimate for a loss of 51 cents per share on revenue of $588.94 million.

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