MED Q3 Earnings Beat, Revenues Fall on Customer Acquisition Challenges [Yahoo! Finance]
MEDIFAST INC (MED)
Last medifast inc earnings: 2/26 04:05 pm
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Source: Yahoo! Finance
However, both metrics declined year over year. Results were hurt by challenging customer acquisition, thanks to increased competition from GLP-1 medications and shifting consumer spending behaviors. Medifast's adjusted earnings were 35 cents per share in the third quarter, down from $2.12 in the year-ago quarter. Nevertheless, the metric surpassed the Zacks Consensus Estimate pegged at a loss of 15 cents per share. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Net revenues of $140.2 million declined 40.6% year over year due to fewer active-earning OPTAVIA Coaches and reduced coach productivity. The average revenue per active-earning OPTAVIA Coach was $4,672, down from $5,008 million due to softness in customer acquisition. The total number of active-earning OPTAVIA Coaches fell 36.3% to 30,000 from 47,100 in the year-ago quarter. Nevertheless, the top line surpassed the Zacks Consensus Estimate of $135.5 million. MEDIFAST INC price-consensus-eps-surpr
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News
- Q3 Earnings Highlights: Medifast (NYSE:MED) Vs The Rest Of The Personal Care Stocks [Yahoo! Finance]Yahoo! Finance
- Nature's Sunshine (NATR) Q3 Earnings Report Preview: What To Look For [Yahoo! Finance]Yahoo! Finance
- Medifast Inc (MED) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]Yahoo! Finance
- Medifast, Inc. (NYSE: MED) was upgraded by analysts at DA Davidson from an "underperform" rating to a "neutral" rating. They now have a $17.00 price target on the stock, up previously from $16.50.MarketBeat
- Medifast (NYSE:MED) Posts Better-Than-Expected Sales In Q3 But Quarterly Guidance Underwhelms [Yahoo! Finance]Yahoo! Finance
MED
Earnings
- 11/4/24 - Beat
MED
Sec Filings
- 11/13/24 - Form SCHEDULE
- 11/4/24 - Form 10-Q
- 11/4/24 - Form 8-K
- MED's page on the SEC website