Medifast, Inc. Announces Second Quarter 2018 Financial Results

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Medifast (MED) PT Raised to $249 at DA Davidson

August 3, 2018 8:52 AM EDT

DA Davidson raised its price target on Medifast (NYSE: MED) to $249.00 (from $201.00) while maintaining a Buy rating.

Analyst Linda Bolton Weiser commented, "MED exceeded consensus for 2Q18 sales and EPS--sales were +55% to $117M, exceeding consensus of $102M by 15%, and accelerating from 40% growth in 1Q18. EPS... More

Medifast (MED) Tops Q2 EPS by 16c; Raises Outlook

August 2, 2018 4:24 PM EDT

Medifast (NYSE: MED) reported Q2 EPS of $1.16, $0.16 better than the analyst estimate of $1.00. Revenue for the quarter came in at $117.3 million versus the consensus estimate of $103.78 million.

GUIDANCE:

Medifast sees Q3 2018 EPS of $1.05-$1.10, versus the consensus of $0.96. Medifast sees Q3... More