Medifast Inc reports results for the quarter ended in December - Earnings Summary

Medifast

23/02/2022 22:54

* Medifast Inc  MED.N  reported quarterly adjusted earnings
of
$2.91​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for earnings
of $2.65 per share.
    * Revenue rose 42.6% to $377.83 million from a year ago; 
analysts
expected $375.79 million. 
    * Medifast Inc's reported EPS for the quarter was $2.91​.
    * The mean earnings estimate of analysts had fallen by
about 3.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Medifast Inc shares had fallen by 12.7% this quarter.
    * The company reported quarterly net income of $34.02
million.
    * Wall Street's median 12-month price target for Medifast
Inc is
$345.00 
    * 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." 

This summary was machine generated February 23 at 10:54 p.m.
 ​All figures in US dollars unless otherwise stated