Medifast Inc expected to post a loss of 65 cents a share - Earnings Preview
Medifast Inc expected to post a loss of 65 cents a share - Earnings Preview
Medifast Inc MED.N, MED is expected to show a fall in quarterly revenue when it reports results on August 3 for the period ending June 30 2026
The Baltimore Maryland-based company is expected to report a 31.1% decrease in revenue to $72.7 million from $105.56 million a year ago, according to the estimate from one analyst, based on LSEG data.The company's guidance on May 4 2026, for the period ended June 30, was for revenue between $60.00 million and $80.00 million.
LSEG's mean analyst estimate for Medifast Inc is for a loss of 65 cents per share. The company's EPS guidance on May 4 2026, for the period ended June 30, was between $-1.00 and $-0.50
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Medifast Inc is $12.00, about 21.1% above its last closing price of $9.91
This summary was machine generated July 31 at 20:20 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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