Medifast: Q1 Earnings Snapshot
On a per-share basis, the Baltimore-based company said it had a loss of 7 cents. Losses, adjusted for investment gains, were 11 cents per share.
The weight-loss company posted revenue of $115.7 million in the period.
For the current quarter ending in June, Medifast said it expects revenue in the range of $85 million to $105 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MED at https://www.zacks.com/ap/MED
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
22 minutes ago
- Yahoo
Earnings Preview: What to Expect From HP's Report
Valued at a market cap of $24.1 billion, HP Inc. (HPQ) provides personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies. The Palo Alto, California-based company serves individual consumers, small- and medium-sized businesses, and large enterprises. It is expected to announce its fiscal Q3 earnings for 2025 on Wednesday, Aug. 27. Ahead of this event, analysts expect this computer hardware company to report a profit of $0.74 per share, down 10.8% from $0.83 per share in the year-ago quarter. The company has missed Wall Street's earnings estimates in each of the last four quarters. In Q2, HP's EPS of $0.71 fell short of the forecasted figure by 11.3%. More News from Barchart UnitedHealth Stock Spirals Lower Again. Don't Buy the Dip. This Self-Driving Car Stock Is Surging on a Major Nvidia Boost Auto Revenue Keeps Plunging at Tesla. Should You Buy the TSLA Stock Dip or Run Far Away? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For fiscal 2025, analysts expect HP to report a profit of $3.09 per share, down 8.6% from $3.38 per share in fiscal 2024. Nonetheless, its EPS is expected to rebound in fiscal 2026, growing by 8.4% year-over-year to $3.35. HP has declined 32.1% over the past 52 weeks, considerably underperforming both the S&P 500 Index's ($SPX) 17.3% return and the Technology Select Sector SPDR Fund's (XLK) 21.1% uptick over the same time frame. On May 28, HP delivered its Q2 results, and its shares plunged 8.3% in the following trading session. Due to strong commercial performance in its personal systems segment, the company's net revenue surged 3.3% year-over-year to $13.2 billion. However, despite the revenue growth, its adjusted EPS of $0.71 fell 13.4% from the year-ago quarter and came in 11.3% below the consensus estimates. This earnings miss might have weighed on investor sentiment. Wall Street analysts are cautious about HPQ's stock, with an overall 'Hold" rating. Among 14 analysts covering the stock, three recommend "Strong Buy," 10 indicate "Hold," and one advises a "Strong Sell' rating. The mean price target for HPQ is $27.55, indicating a 7.2% premium from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
Gentex: Q2 Earnings Snapshot
ZEELAND, Mich. (AP) — ZEELAND, Mich. (AP) — Gentex Corp. (GNTX) on Friday reported second-quarter net income of $96 million. On a per-share basis, the Zeeland, Michigan-based company said it had profit of 43 cents. Earnings, adjusted for non-recurring costs, came to 47 cents per share. The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share. The maker of automatic-dimming rearview mirrors and other products posted revenue of $657.9 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $583.5 million. Gentex expects full-year revenue in the range of $2.44 billion to $2.61 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on GNTX at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
TriNet: Q2 Earnings Snapshot
DUBLIN, Calif. (AP) — DUBLIN, Calif. (AP) — TriNet Group Inc. (TNET) on Friday reported second-quarter profit of $37 million. On a per-share basis, the Dublin, California-based company said it had net income of 76 cents. Earnings, adjusted for one-time gains and costs, came to $1.15 per share. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1 per share. The human resources services outsourcing company posted revenue of $1.24 billion in the period. Its adjusted revenue was $291 million, also beating Street forecasts. Three analysts surveyed by Zacks expected $283.7 million. TriNet expects full-year earnings in the range of $3.25 to $4.75 per share. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on TNET at
