Medifast Inc expected to post earnings of $2.22 a share - Earnings Preview

Medifast

17/02/2023 22:08

* Medifast Inc  MED.N   MED  is expected to show a fall in
quarterly revenue when it reports  results on February 21. 
    * The Owings Mills Maryland-based  company is expected to
report 
a 12.6% decrease in revenue to $330.1 million from $377.83
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. The company's guidance on August 3
2022, for the period ended December 31, was for revenue between
$377.83 million and $385.39 million.
    * ​Refinitiv's mean analyst estimate for Medifast Inc is for
earnings of $2.22 per share. 
    * The one available analyst rating on the shares is
"hold".  
    * 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
$106​, below​ its last closing price of $115.31. ​​​

This summary was machine generated February 17 at 22:08 GMT. 
All figures in US dollars  unless otherwise stated