MED News and Press, MEDIFAST INC From 05/23/23

2023-05-23 11:26:34 ET Summary Invest in high-quality stocks for the long term/mostly investment grade companies. The goal of this portfolio is to collect weekly dividend checks that cover my monthly expenses in retirement. To obtain financial freedom from passive income in th...

2023-05-18 16:38:57 ET Summary All consumer staples subsectors have either a bad value score, or a bad quality score, or both. Personal care is the most overvalued subsector, and tobacco is the worst-ranked regarding quality. Invesco S&P 500® Equal Weight Consumer Sta...

2023-05-18 14:56:20 ET Summary May started off on a bit of a sour note, with the broader indexes giving up some of their gains. Declining prices have helped push up dividend yields across the board as share prices fall. This month there was a heavy focus on energy names as fiv...

2023-05-12 07:46:54 ET Summary Medifast's Q1 2023 EPS of $3.67 beats by $1.27 and revenue of $349M beats analysts' expectations by $29.5M. For Q2 2023, the company expects a ~25% decline in revenue and a ~50% decline in EPS. This, however, seems to already be priced into the c...

2023-05-06 23:53:04 ET Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For furthe...

2023-05-01 17:37:04 ET Medifast, Inc. (MED) Q1 2023 Earnings Conference Call May 01, 2023 04:30 PM ET Company Participants Steve Zenker - Vice President of Investor Relations Dan Chard - Chairman & Chief Executive Officer Jim Maloney - Chief Financial Officer...

2023-05-01 16:20:48 ET Medifast press release ( NYSE: MED ): Q1 GAAP EPS of $3.67 beats by $1.27 . Revenue of $349M (-16.4% Y/Y) beats by $29.5M . Net income of $40.0 million Cash and cash equivalents of $123.7 million and no interest bearing debt Out...

Medifast Announces First Quarter 2023 Financial Results PR Newswire BALTIMORE , May 1, 2023 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTA VIA® , today reported...

2023-04-28 17:35:42 ET Medifast ( NYSE: MED ) is scheduled to announce Q1 earnings results on Monday, May 1st, after market close. The consensus EPS Estimate is $2.40 (-33.1% Y/Y) and the consensus Revenue Estimate is $319.5M (-23.5% Y/Y). Over the last 2 years, MED ...

2023-04-18 17:10:24 ET Summary With a rocky market, we seem to have some new names appearing in this latest month with higher yields available. Three of the five names we will touch on are related to the financial space, though they are not banks. Expecting a recession later t...