Teladoc (TDOC) Q1 Earnings: Taking a Have a look at Key Metrics Versus Estimates

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For the quarter ended March 2024, Teladoc (TDOC) reported income of $646.13 million, up 2.7% over the identical interval final yr. EPS got here in at -$0.49, in comparison with -$0.37 within the year-ago quarter.

The reported income compares to the Zacks Consensus Estimate of $636.98 million, representing a shock of +1.44%. The corporate delivered an EPS shock of -4.26%, with the consensus EPS estimate being -$0.47.

Whereas buyers carefully watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.

Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher venture a inventory’s value efficiency.

Right here is how Teladoc carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:

  • U.S. Built-in Care Members: 91.8 million versus the five-analyst common estimate of 89.85 million.
  • BetterHelp Paying Customers: 0.42 million versus 0.43 million estimated by 5 analysts on common.
  • Continual Care Program Enrollment: 1.12 million in comparison with the 1.13 million common estimate based mostly on 4 analysts.
  • Common Income Per U.S. Built-in Care Member: $1.38 in comparison with the $1.38 common estimate based mostly on 4 analysts.
  • Visits: 4,600,000 in comparison with the 5,056,574 common estimate based mostly on two analysts.
  • Revenues by Phase- Teladoc Well being Built-in Care: $377.11 million versus the seven-analyst common estimate of $370.07 million.
  • Revenues by Phase- BetterHelp: $269.02 million in comparison with the $267.37 million common estimate based mostly on seven analysts.
  • Revenues by Phase- BetterHelp- Different Wellness Providers: $5.31 million versus the three-analyst common estimate of $4.46 million.
  • Revenues by Phase- BetterHelp- Remedy Providers: $263.71 million in comparison with the $261.88 million common estimate based mostly on three analysts.
  • Income by Kind- Different: $88.96 million versus $82.25 million estimated by two analysts on common.
  • Income by Kind- Entry charges: $557.17 million in comparison with the $555.17 million common estimate based mostly on two analysts.
  • Adjusted EBITDA- BetterHelp: $15.47 million versus $15.44 million estimated by 4 analysts on common.

View all Key Company Metrics for Teladoc here>>>

Shares of Teladoc have returned -10.1% over the previous month versus the Zacks S&P 500 composite’s -3% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out according to the broader market within the close to time period.

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