Medifast Inc expected to post earnings of $2.65 a share - Earnings Preview

Medifast

22/02/2022 02:22

* Medifast Inc  MED.N   MED  is expected to show a rise in
quarterly revenue when it reports  results on February 23. 
    * The Owings Mills Maryland-based  company is expected to
report 
a 41.9% increase in revenue to $375.794 million from $264.91
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Medifast Inc is for
earnings of $2.65 per share. For the same quarter last year, the
company reported earnings of $2.36 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"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
$345​, about 48.7% above​ its last closing price of $177.06. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  3.09        3.08       3.56      Beat    15.6
 Jun. 30 2021  3.36        3.32       3.96      Beat    19.4
 Mar. 31 2021  2.74        2.73       3.46      Beat    26.9​
 Dec. 31 2020  2.37        2.38       2.36      Missed  -0.8
 ​​Sep.        2.54        2.46       2.91      Beat    18.5
 30 2020                                                
 Jun. 30 2020  1.84        1.83       1.96      Beat    7​
 Mar. 31 2020  1.31        1.33       1.93      Beat    45.4
 Dec. 31 2019  1.08        1.07       1.66      Beat    54.5
 This summary was machine generated February 22 at 02:22 GMT. 
All figures in US dollars  unless otherwise stated