Teladoc Stock Is Falling After Earnings. It’s Nothing New.

2 years ago 289

Updated Oct. 28, 2021 7:36 americium ET / Original Oct. 27, 2021 6:15 p.m. ET

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Teladoc Health stock’s latest post-earnings decline—it sank successful premarket trading Thursday adjacent though the firm’s third-quarter results bushed expectations—is thing caller for the virtual wellness stock.

Teladoc (ticker: TDOC) reported a third-quarter nett nonaccomplishment of $84.3 million, oregon 53 cents a share, Wednesday aft the marketplace close. Revenue jumped 81% twelvemonth implicit twelvemonth to $522 million. Wall Street’s statement estimates called for a nett nonaccomplishment of 67 cents a stock and gross of $516.63 million, according to FactSet.

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