Medifast Q1 2024 Adj EPS $0.66 Misses $0.78 Estimate, Sales $174.739M Beat $168.900M Estimate

Medifast, Inc. +0.31% Post

Medifast, Inc.

MED

22.83

22.83

+0.31%

0.00% Post

Medifast (NYSE: MED) reported quarterly earnings of $0.66 per share which missed the analyst consensus estimate of $0.78 by 15.38 percent. This is a 82.02 percent decrease over earnings of $3.67 per share from the same period last year. The company reported quarterly sales of $174.739 million which beat the analyst consensus estimate of $168.900 million by 3.46 percent. This is a 49.93 percent decrease over sales of $348.983 million the same period last year.
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