Medifast Earnings Preview
After beating estimates last quarter by $0.03, Medifast (NYS: MED) has set the standard for itself. The company will unveil its latest earnings Thursday. Medifast is engaged in the production, distribution, and sale of weight management and disease management products.
What analysts say:
- Buy, sell, or hold?: Analysts are very bullish on this stock, unanimously backing it as a buy. Analysts' rating of Medifast has stayed constant from three months prior.
- Revenue forecasts: On average, analysts predict $81.8 million in revenue this quarter. That would represent a rise of 22.8% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.48 per share. Estimates range from $0.43 to $0.50.
What our community says:
CAPS All-Stars are solidly backing the stock with 84.1% awarding it an "outperform" rating. The community at large concurs with the All-Stars with 84.5% giving it a rating of "outperform." Fools are gung-ho about Medifast and haven't been shy with their opinions lately, logging 162 posts in the past 30 days. Medifast's bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.
Medifast's profit has risen year over year by an average of 48.6%.
We can help you keep tabs on your companies with My Watchlist, our free, personalized service. Add Medifast now.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
At the time this article was published
Copyright © 1995 - 2011 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.