Teladoc (TDOC) Shares Down 7% Following Q4 Results and Mixed Outlook
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Teladoc (NYSE: TDOC) shares were trading around 7% lower after-hours despite the company's reported Q4 results, with EPS of ($0.07) coming in better than the Street estimate of ($0.56). Revenue grew 45% year-over-year to $554.2 million, compared to the Street estimate of $546.6 million. Access fees and visit fee revenues grew 51% and 21% to $469.9 million and $68.9 million, respectively.
The company provided its outlook for Q1/22 and full 2022-year, which was mixed and are possibly the reason for shares sell-off after-hours.
The company expects Q1/22 EPS in the range of ($0.60)-($0.50), compared to the consensus estimate of ($0.51), and revenue in the range of $565-571 billion, compared to the consensus estimate of $588.94 billion. For the full 2022-year, the company estimates revenue in the range of $2.55-2.65 billion, compared to the consensus estimate of $2.57 billion.
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