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Earnings Watch: Medifast is Scheduled to Report its Quarterly Results in 4 days (MED)

Written on Mon, 07/26/2010 - 2:56am
By Chip Brian

Analysts, on average, expect Medifast (NYSE:MED) to report earnings of $0.35 on sales of $64 million on July 30, 2010.
For the full year, analysts expect the company to post EPS of $1.34. In the year-ago period, the company reported EPS of $0.20 on sales of $41 million.
In the previous quarter, the company reported EPS of $0.33, topping consensus estimates of $0.28.
SmarTrend is bullish on shares of Medifast and our subscribers were alerted to Buy on July 14, 2010 at $29.82. The stock has risen 5.2% since the alert was issued.

Keywords: medifast earnings preview

Ticker(s): MED

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