Medifast Inc

-9.17 (-6.19%)
Other Pre-Announcement

Medifast Q2 Adjusted Non-GAAP Earnings Per Share $3.87

Published: 08/03/2022 21:52 GMT
Medifast Inc (MED) - Medifast Announces Second Quarter 2022 Financial Results and Updated Outlook.
Q2 Adjusted Non-GAAP Earnings per Share $3.87.
Q2 Earnings per Share $3.42.
Q2 Revenue Rose 15 Percent to $453.3 Million.
Q2 Earnings per Share View $3.23, Revenue View $447.9 Million -- Refinitiv Ibes Data (analyst estimates).
Expects Full-year 2022 Revenue to Be in Range of $1.58 Billion to $1.66 Billion.
Expects Full-year 2022 Non-GAAP Diluted EPS to Be in Range of $12.70 to $14.10.
FY2022 Earnings per Share View $15.38, Revenue View $1.81 Billion -- Refinitiv Ibes Data (analyst estimates).
Decline in Co's Outlook is Due to Macroeconomic Factors Such As Inflation and Consumer Sentiment Which Have Impacted Customer Retention.