MEDIFAST INC (NYSE:MED) specialty retailer will be discussing 3Q20 financial results with the investment community.on 2nd November 2020 at 4:30 PM eastern time.
Those interested in listening to the conference call live via the Internet can visit www.medifastinc.com.
Earnings Expectation
MEDIFAST INC specialty retailer, is expected to report third quarter earnings results, after market close, on Monday 2nd November 2020. Analysts polled by Thomson Reuters anticipate third quarter income of $ 2.46 per share from revenue of $ 240.62 million. Looking ahead, the full year income are expected at $ 8.86 per share on the revenues of $ 876.16 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 715.00 million ~ $ 745.00 million, where as bottomline are predicted in a range of $ 6.25 ~ $ 6.55 per share
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Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products. It offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by OPTAVIA, Flavors of Home, and Essential 1 brands. The company sells its products through various channels, including the Internet, call centers, independent health advisors, franchise weight loss clinics, and direct consumer marketing.
