Zacks Investment Research | May 08, 2016 11:16PM ET
Teladoc, Inc. (NYSE:TDOC) is set to report first-quarter 2016 results on May 10, after the market closes. Last quarter, the company posted a positive earnings surprise of 4.88%. Let’s see how things are shaping up for this announcement.
Factors to be Considered this Quarter
Teladoc anticipates revenues between $26 million and $27 million in the first-quarter 2016. The company is likely to witness revenue growth on the back of robust subscription access fees and visit fees.
Further, the company has likely displayed growth in its paid membership base. For the first quarter, membership is expected to total approximately 14.5–15 million members.
Moreover, the medical service provider has likely witnessed growth in visits. In fact, the total number of completed visits is projected to be in the range of 220,000–230,000.
However, Teladoc anticipates net loss per to be between 36 cents and 38 cents.
Also, the company expects an adjusted EBITDA loss between $11 million and $12 million in the to-be-reported quarter. Higher operating expenses and competitive operating environment have likely weighed on the bottom line.
With respect to the surprise trend, the company delivered positive surprises in two of the last four quarters, with an average beat of 7.08%.
Earnings Whispers
Our proven model does not conclusively show that Teladoc is likely to beat on earnings this quarter. This is because a stock needs to have both a positive Zacks Investment Research
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.