Medifast Announces Second Quarter 2022 Financial Results and Updated Outlook

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Medifast (MED) Tops Q2 EPS by 64c; Lowers Outlook

August 3, 2022 4:14 PM EDT

Medifast (NYSE: MED) reported Q2 EPS of $3.87, $0.64 better than the analyst estimate of $3.23. Revenue for the quarter came in at $453.3 million versus the consensus estimate of $447.87 million.

GUIDANCE:

Medifast sees FY2022 EPS of $12.70-$14.10, versus the consensus of $15.38. Medifast sees... More