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

Medifast

05/08/2021 10:23

* Medifast Inc  MED.N  reported quarterly adjusted earnings of
$3.96​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of $3.32 per share.
* Revenue rose 79.2% to $394.19 million from a year ago; 
analysts expected $359.51 million. 
* Medifast Inc's reported EPS for the quarter was $3.96​.
* The mean earnings estimate of analysts had fallen by
about 1.5% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Medifast Inc shares had risen by 1.5% this quarter and
gained 46.3% so far this year.
* The company reported quarterly net income of $46.96 million.
* Wall Street's median 12-month price target for Medifast Inc is
$350.00 
* 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 August 5 at 09:23 a.m.  ​All
figures in US dollars unless otherwise stated