Benzinga | Aug 5, 2020 04:36PM EDT

Medifast Q2 EPS $1.96 Beats $1.83 Estimate, Sales $220.00M Beat $191.76M Estimate

Medifast (NYSE:MED) reported quarterly earnings of $1.96 per share which beat the analyst consensus estimate of $1.83 by 7.1 percent. This is a 12 percent increase over earnings of $1.75 per share from the same period last year. The company reported quarterly sales of $220.00 million which beat the analyst consensus estimate of $191.76 million by 14.73 percent. This is a 17.58 percent increase over sales of $187.10 million the same period last year.