Edition:
United States

Medifast Inc (MED)

MED on New York Consolidated

41.30USD
22 Jun 2017
Change (% chg)

$-0.24 (-0.58%)
Prev Close
$41.54
Open
$41.56
Day's High
$41.70
Day's Low
$41.03
Volume
41,081
Avg. Vol
84,819
52-wk High
$47.35
52-wk Low
$31.15

Latest Key Developments (Source: Significant Developments)

Medifast Q1 earnings per share $0.51
Thursday, 4 May 2017 04:05pm EDT 

May 4 (Reuters) - Medifast Inc :Medifast, Inc. announces first quarter 2017 financial results.Q1 earnings per share $0.51.Reaffirms FY 2017 earnings per share view $2.00 to $2.10.Sees FY 2017 revenue $290 million to $300 million.Sees Q2 revenue $72 million to $75 million.Sees Q2 earnings per share $0.51 to $0.54 from continuing operations.Medifast inc says for Q1 of 2017, medifast revenue decreased 2.4% to $70.6 million from revenue of $72.3 million in q1 of 2016.  Full Article

Medifast Q4 earnings per share $0.34 from continuing operations
Thursday, 9 Mar 2017 04:05pm EST 

Medifast Inc : Medifast Inc. Announces fourth quarter and full year 2016 financial results . Sees Q1 earnings per share $0.45 to $0.48 from continuing operations . Q4 earnings per share $0.34 from continuing operations . Sees Q1 revenue $69 million to $73 million . Sees FY 2017 earnings per share $2.00 to $2.10 from continuing operations . Sees FY 2017 revenue $290 million to $300 million .Medifast Inc - for Q4, Medifast net revenue from continuing operations increased 2% to $62.5 million.  Full Article

Medifast reports 28 percent increase in quarterly dividend
Thursday, 8 Dec 2016 04:31pm EST 

Medifast Inc : Medifast Inc - has declared a $0.32 quarterly cash .Sets quarterly cash dividend of $0.32 per share.  Full Article

Medifast announces third quarter 2016 financial results
Thursday, 3 Nov 2016 04:05pm EDT 

Medifast Inc : Qtrly revenue $68.6 million versus $65.9 million . Medifast, Inc. announces third quarter 2016 financial results . Sees Q4 2016 earnings per share $0.30 to $0.33 from continuing operations . Q3 earnings per share $0.51 from continuing operations . Sees q4 2016 revenue about $63 million to $66 million . Raises fy 2016 adjusted earnings per share view to $1.86 to $1.89 from continuing operations . Sees fy 2016 earnings per share $1.45 to $1.48 from continuing operations .Sees fy 2016 revenue $275 million to $278 million.  Full Article

Medifast announces appointment of Daniel Chard as CEO
Monday, 3 Oct 2016 05:05pm EDT 

Medifast Inc : Chard succeeds michael macdonald, who will stay with medifast in role of executive chairman of board . Chard has been appointed as a member of medifast's board of directors, effective today, bringing size of board to 10 members . Medifast, inc. Announces appointment of direct selling industry veteran daniel r. Chard as chief executive officer . Says expects to meet or exceed q3 guidance for revenue from continuing operations in range of approximately $64.0 million to $67.0 million .Expects to meet or exceed q3 guidance for earnings per diluted share from continuing operations in range of $0.43 to $0.46 per diluted share.  Full Article

Medifast raises FY adjusted earnings from cont ops forecast
Wednesday, 3 Aug 2016 04:05pm EDT 

Medifast Inc : Medifast, inc. Announces second quarter 2016 financial results . Q2 adjusted earnings per share $0.63 from continuing operations . Sees q3 2016 revenue about $64 million to $67 million . Q2 revenue $71.1 million . Sees q3 2016 earnings per share $0.43 to $0.46 from continuing operations . Q2 earnings per share $0.29 from continuing operations . Sees fy 2016 revenue $275 million to $282 million . Says company reiterated its fy guidance for revenue from continuing operations . Says is raising its fy guidance for adjusted earnings per diluted share from continuing operations to $1.79 to $1.84 . Fy 2016 earnings per diluted share from continuing operations is now expected to be in range of $1.38 to $1.43 . Says company expects q3 2016 revenue from continuing operations to be in range of approximately $64.0 million to $67.0 million .Says fy earnings per diluted share from continuing operations is now expected to be in range of $1.38 to $1.43.  Full Article

Medifast Inc Raises FY 2016 guidance; gives Q2 2016 guidance
Wednesday, 4 May 2016 04:05pm EDT 

Medifast Inc:Expects Q2 2016 net revenue from continuing operations to be in the range of approximately $70.0 million to $73.0 million and adjusted earnings per diluted share from continuing operations in the range of $0.50 to $0.53 per diluted share.Raised FY 2016 guidance for revenue from continuing operations to be in the range of $275.0 million to $282.0 million and adjusted earnings per diluted share from continuing operations in the range of $1.75 to $1.80 per diluted share.  Full Article

Medifast Inc announces initiation of quarterly dividend
Wednesday, 16 Dec 2015 04:15pm EST 

Medifast Inc:Board of Directors has authorized a dividend program under which it intends to pay a regular quarterly cash dividend to its stockholders.Initial quarterly cash dividend of $0.25 per share is payable on February 10, 2016 to stockholders of record as of the close of business on December 28.  Full Article

Medifast Inc narrows FY 2015 guidance; gives Q4 2015 guidance below analysts' estimates
Thursday, 5 Nov 2015 04:05pm EST 

Medifast Inc:Expects Q4 2015 net revenue from continuing operations to be in the range of approximately $60.5 to $63.5 million and earnings per diluted share from continuing operations in the range of $0.31 to $0.35 per diluted share.Expects FY 2015 revenue from continuing operations to be in the range of $272.0 to $275.0 million and earnings per diluted share from continuing operations in the range of $1.72 to $1.76 per diluted share.Q4 2015 revenue of $63.8 million and EPS of $0.41 - Thomson Reuters I/B/E/S.FY 2015 revenue of $276 million and EPS of $1.67 - Thomson Reuters I/B/E/S.  Full Article

Medifast Inc gives Q3 2015 guidance below analysts' estimates; lowers FY 2015 guidance
Wednesday, 5 Aug 2015 04:05pm EDT 

Medifast Inc:Expects Q3 2015 net revenue from continuing operations to be in the range of about $65.0 to $68.0 million and earnings per diluted share from continuing operations in the range of $0.40 - $0.43 per diluted share.Now Expects FY 2015 revenue from continuing operations to be in the range of $270.0 to $280.0 million and earnings per diluted share from continuing operations in the range of $1.70 to $1.80 per diluted share.Q3 2015 revenue of $71.5 million and EPS of $0.47 - Thomson Reuters I/B/E/S.FY 2015 revenue of $285 million and EPS of $1.80 - Thomson Reuters I/B/E/S.  Full Article

More From Around the Web

BRIEF-Medifast Q1 earnings per share $0.51

* Medifast, Inc. announces first quarter 2017 financial results