Medifast Inc expected to post earnings of $2.73 a share - Earnings Preview

Medifast

01/05/2021 03:06

* Medifast Inc  MED.N   MED  is expected to show a rise in
quarterly revenue when it reports results on May 4.
* The Owings Mills, Maryland-based company is expected to report
 a 56.3% increase in revenue to $278.89 million from $178.46
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Medifast Inc is for
earnings of $2.73 per share. For the same quarter last year, the
company reported earnings of $1.93 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "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
$301​, about 24.6% above​ its last closing price of $227.09. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  2.37        2.38       2.36      Missed  -0.8
 Sep. 30 2020  2.54        2.46       2.91      Beat    18.5
 Jun. 30 2020  1.84        1.83       1.96      Beat    7​
 Mar. 31 2020  1.31        1.33       1.93      Beat    45.4
 Dec.          1.08​       1.07       1.66      Beat    54.5​
 31​ 2019​                                              
 Sep. 30 2019  1.34        1.34       1.32      Missed  -1.2​
 Jun. 30 2019  1.72        1.72       1.75      Beat    1.6
 Mar. 31 2019  1.54        1.54       1.70      Beat    10.6
 This summary was machine generated May 1 at 02:06 GMT.  All
figures in US dollars unless otherwise stated