Teladoc Stock Drops Despite Broader Market Gains; EPS and Revenue Growth Expected in Latest Earnings
• Teladoc (TDOC) stock closed lower while broader markets gained; the stock has fallen 22% over the past month • Teladoc is expected to report a 24% drop in EPS and a 1.2% rise in revenue for the latest quarter • For the full year, analysts forecast 17.9% EPS growth and 2.16% revenue growth • Positive estimate revisions signal optimism around Teladoc's business outlook and stock price momentum • The Medical Services industry ranks in the top 29% out of over 250 industries, according to the Zacks Industry Rank