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Medifast Inc. (MED) Has Surged To A New High On Q4 Results

Medifast Inc. (MED) reported fourth quarter EPS of $0.60 after the bell Tuesday, up from $0.34 a year ago. The company expects to report first quarter EPS of $0.84 to $0.87 and full year 2018 EPS of $3.15 to $3.25.

Medifast gapped up at the open Wednesday and continues to rise in early trade. The stock is now up 21.58 at $89.09 on above average volume. Medifast has surged to a new high for the year.

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