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

Medifast

05/11/2021 12:47

* Medifast Inc  MED.N  reported quarterly adjusted earnings of
$3.56​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for earnings
of $3.08 per share.
* Revenue rose 52.3% to $413.40 million from a year ago; 
analysts expected $403.76 million. 
* Medifast Inc's reported EPS for the quarter was $3.56​.
* The mean earnings estimate of analysts was unchanged in the
last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Medifast Inc shares had risen by 12.1% this quarter and
gained 10.0% so far this year.
* The company reported quarterly net income of $41.98 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 November 5 at 12:46 p.m.
 ​All figures in US dollars unless otherwise stated