Medifast (MED) Tops Q3 EPS by 6c; Boosts FY16 Outlook

November 4, 2016 8:41 AM EDT
Get Alerts MED Hot Sheet
Trade MED Now!
Join SI Premium – FREE

Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.

Medifast (NYSE: MED) reported Q3 EPS of $0.51, $0.06 better than the analyst estimate of $0.45. Revenue for the quarter came in at $68.6 versus the consensus estimate of $66.79 million.

GUIDANCE:

Medifast sees Q4 2016 EPS of $0.30-$0.33. Medifast sees Q4 2016 revenue of $63-66 million.

Medifast sees FY2016 EPS of $1.86-$1.89, versus prior guidance of $1.79-$1.84 and the consensus of $1.88. Medifast sees FY2016 revenue of $275-278 million, versus the consensus of $275.6 million.

For earnings history and earnings-related data on Medifast (MED) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Earnings, Guidance, Hot Guidance

Related Entities

Earnings

Add Your Comment