Medifast Inc. (MED) reported fourth quarter adjusted EPS of $0.28 after the close Thursday, up from $0.08 in the prior year period. The consensus estimate was for EPS of $0.25. The company expects to report first quarter EPS of $0.32 to $0.35 and between $1.70 and $1.80 for the full year 2013. The consensus estimates are for EPS of $0.45 and $1.76.
Medifast gapped open sharply lower Friday, but was range-bound throughout the session. The stock finished down by 1.44 at $22.96 on strong volume. Medifast closed testing the lower end of a 5-week range.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.