Medifast Inc expected to post earnings of $1.91 a share - Earnings Preview

Medifast

02/11/2022 02:13

* Medifast Inc  MED.N   MED  is expected to show a fall in
quarterly revenue when it reports  results on November 3. 
    * The Owings Mills Maryland-based  company is expected to
report 
a 15.5% decrease in revenue to $349.3 million from $413.4
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Medifast Inc is for
earnings of $1.91 per share. 
    * The one available analyst rating on the shares is "buy".  
    * 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
$278​, above​ its last closing price of $118.81. ​​​

This summary was machine generated November 2 at 02:13 GMT.  All
figures in US dollars  unless otherwise stated