Medifast (MED) Reports Q4 Loss, Beats Revenue Estimates

Medifast (MED) came out with a quarterly loss of $0.55 per share versus the Zacks Consensus Estimate of a loss of $0.76. This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +27.63%. A quarter ago, it was expected that this weight-loss company would post a loss of $0.01 per share when it actually produced a loss of $0.21, delivering a surprise of -2000%.Over the last four quarters, the company has ...